Forex Market

Federal Reserve Chairman Jerome Powell explains the decision to reduce the Federal Funds Target Range (FFTR) by 25 basis points to 4.50%-4.75% following the November meeting and answers questions during the subsequent press conference. Key QuotesFed took another step in reducing policy restraint.The labour market remains solid.Inflation has eased substantially.I …

Gold prices surged over 1.7% after the Federal Reserve delivered a widely anticipated 25 basis point interest rate cut. While the market had largely priced in this move, the Fed’s acknowledgment of economic uncertainty and balanced risks bolstered gold’s safe-haven appeal. Gold is trading at 2,704 at the time of …

Federal Reserve Chairman Jerome Powell explains the decision to reduce the Federal Funds Target Range (FFTR) by 25 basis points to 4.50%-4.75% following the November meeting and answers questions during the subsequent press conference.The US Dollar remains largely on the defensive following the Fed’s decision to lower its rates by …

The Federal Reserve’s anticipated 25-basis point interest rate cut on Thursday tempered the Euro’s earlier gains against the US Dollar. While the move aligned with market expectations, it shifted market focus to the Fed’s December meeting, where another rate cut is widely anticipated.The Euro, the official currency of the Eurozone, …

The Federal Reserve cut interest rate by 25 basis points, as widely expected to continue its monetary policy easing cycle. Fed decided, Thursday to lower the policy rate after Donald Trump won the US presidential election.Fed Chairman Powell’s remarks could provide important clues about the rate outlook. The US Dollar …

According to a senior adviser to Trump who asked to remain anonymous in order to discuss private discussions, President-elect Donald Trump is expected to let Federal Reserve Chair Jerome Powell complete the remaining portion of his term, which ends in May 2026. Jerome Powell, the current chair of the Federal …

The American central bank is expected to maintain its monetary easing cycle. The Federal Reserve is expected to cut its benchmark policy rate by 25 basis points (bps) at the end of its policy meeting on Thursday, a decision that may seem a footnote given the uncertain economic terrain the …

European markets advanced on Thursday, driven by gains in technology and resource stocks as investors turned their attention to upcoming monetary policy announcements from the Federal Reserve and the Bank of England (BoE). Key Market Highlights The pan-European STOXX 600 index climbed 0.5%, led by the basic resources sector, which …

The U.S. dollar pulled back slightly on Thursday, easing from a four-month high reached after Donald Trump’s victory in the 2024 presidential election. Market participants are now focused on upcoming monetary policy announcements from the Federal Reserve and other central banks. Fed Rate Cut Anticipated The Federal Reserve is expected …

The US Dollar Index (DXY) rose to four-month tops north of the 105.00 hurdle on the back of Trump’s win and higher US yields. The Fed’s interest rate decision will be at the centre of the debate, seconded by weekly Initial Jobless Claims and Wholesale Inventories.The US dollar has touched …