The US Dollar Index (DXY) continued to trade with losses for the second consecutive session on Tuesday, hovering above the 108.00 mark without clear direction. Federal Reserve Chair Jerome Powell’s recent testimony signaled no urgency to adjust monetary policy, leading to a cautious market stance. The CME FedWatch Tool indicates …

US stock markets have recently experienced a period of mixed performance, influenced by new tariffs on steel and aluminum imports, fluctuating Treasury yields, and Federal Reserve policy. While these factors create market uncertainty, a focus on underlying economic indicators and individual company performance remains crucial for investors. Federal Reserve Policy …

The European Union (EU) has vowed to respond to the 25% tariffs announced by President Donald Trump on steel and aluminum imports, escalating a potential trade dispute with one of Washington’s closest allies. European Commission President Ursula von der Leyen expressed deep regret over the US decision, stating that unjustified …

Federal Reserve Chair testified before the US Senate on Tuesday, saying, “There is no need to hurry in changing the current monetary policy stance.”Key Quotes:Powell stated, “The economy is strong.”The Fed Chair affirmed that “labour market conditions are significantly improving.”Powell mentioned that inflation rates are becoming closer to the central …

The US Federal Reserveis not in a rush to cut its short-term interest rate again due to an “strong overall” economy, low unemployment, and inflation that remains above the Fed’s 2% target. Fed Chair Jerome Powell stated that the economy is strong overall and has made significant progress toward its …

The US Federal Reserveis not in a rush to cut its short-term interest rate again due to an “strong overall” economy, low unemployment, and inflation that remains above the Fed’s 2% target. Fed Chair Jerome Powell stated that the economy is strong overall and has made significant progress toward its …

The EUR/USD pair is holding onto slight gains above 1.0300 on Tuesday, after a decline earlier in the day. Market participants are hesitant as they await developments regarding potential reciprocal tariffs and Federal Reserve Chairman Powell’s upcoming testimony.Euro’s Latest News:• EUR/USD rises as the US dollar weakens before Chairman Powell’s …

The US dollar continued to rise alongside gold, amidst significant market fluctuations triggered by statements made last week by US President Donald Trump. The President hinted at the possibility of imposing new customs tariffs in the coming days.The dollar index, which tracks the performance of the US currency against a …

McDonald’s Q4 results showed mixed performance, with revenue slightly below expectations and adjusted earnings per share reaching $2.80. Global same-store sales saw a modest 0.4% increase, but US same-store sales fell 1.4% year over year due to an E. coli outbreak. CEO Chris Kempczinski acknowledged the need for swift action …

US stock market demonstrated resilience this week, navigating a landscape of renewed tariff threats and persistent inflation concerns. Tech stocks led the charge, showcasing strength despite lingering anxieties surrounding potential economic repercussions. This positive momentum suggests investors are, for the moment, prioritizing specific sectors and individual company performance over broader …