The USD/JPY pair is stumbling around 151.50 as concerns over foreign exchange manipulation are still very much present. With the US dollar continuing to weaken and US rates continuing to rise, the pair is trading near the top of the recent range north of the 151.00 level. The beginning of …

The US central bank appears optimistic about the country’s economy in the near future. According to the Fed’s most recent forecasts, monetary policymakers do anticipate that the US economy would grow healthily in 2024, 2025, and 2026—beyond initial estimates. Experts generally share this outlook. According to the head economist at …

At the beginning of the week, oil prices surged by more than 1.30%, with WTI Oil finding support at $80.63. The US Dollar Index is a little weaker but still trades above 104.00. Russia faces issues from sanctions and drone attacks from Ukraine on Russian refineries and storage facilities, while …

Global inflation-linked concerns, lest it should return to the previous highs, continue to reveal themselves in the context of the precautionary rhetoric adopted by major central banks worldwide. In practice, monetary policymakers have announced, through formal decisions, their intention to keep interest rates “higher for longer”, an important tool, until …

The US equity market witnessed volatility on Friday, resulting in a three-quarters of a percent decline in the Dow Jones and the S&P 500 retreating, -0.14%, around 0.6 percent, the market was testing down. With real estate down about 1.25% and the financial sector down 1.21% on the day, the …

The shared currency weakened against the US Dollar for the second day in a row, ending the week near its lowest point since early March.The Euro fell as much as 1.3% during North American trading earlier on Friday. But it was able to regain some of its losses, closing at …

Gold has been declining since the beginning of daily trading on Friday, under pressure from the rise in the US dollar, which continues to benefit from the positive US data that was released on Thursday.The US manufacturing PMI rose to its highest level in three years this March. US home …

Leaders of the European Union and the eurozone are cautiously hopeful about the upcoming economic recovery. The decreasing rates of inflation are the main driver of this optimism. They admitted that “economic activity is subdued in the near term” in a statement issued on Friday, but they also said that …

Despite dovish comments by Fed’s top official as well as declining US Treasury yields, investors are placing their bets on the easing cycle starting by June. At a solid 104.428, the US Dollar Index (DXY) is now trading at its highest point since mid-February. Data projections for the start of …

The US central bank raised its forecast for GDP growth in 2024 from 1.4% in its December outlook to 2.1%, this was based upon the US economy’s continued resilience against the currently high interest rates as well as the efforts by the Fed to combat inflation, so far. The US …