Forex Market

European stock markets took a hit on Thursday as the aftershocks of the U.S. Federal Reserve’s hawkish stance sent ripples across the financial landscape. Investors were left to grapple with the prospect of fewer U.S. rate cuts than anticipated, casting a shadow over global monetary policy easing. At the heart …

On early Thursday, dollar bulls tested the USD/JPY market, but their excitement quickly faded. This cautious attitude reflects the nervousness of investors as they anxiously await the Bank of Japan’s policy announcement. The US Federal Reserve’s hawkish turn eclipsed the less-than-expected US inflation numbers, giving the dollar a little boost.Due …

Recent economic news and headlines have been dominated by data and concerns related to US inflation. The negative surprise of the US CPI in May caused the US dollar to rapidly revert its recent positive trend, although the hawkish stance taken by the Federal Reserve helped the USD Index (DXY) …

Fed Chairman Jerome Powell noted that the revised forecast is a conservative approach and left open the possibility of additional rate reduction. Federal Reserve officials released a startling change to their estimates for the number of interest rate cuts this year.Following the two-day monetary policy meeting in Washington on Wednesday, …

Following the Federal Open Market Committee’s (FOMC) modification of its interest rate estimates, which were more hawkish than anticipated, the US Dollar Index observed an upward trend on Wednesday. After the Consumer Price Index (CPI) fell to a low of 104.30 in May due to lower-than-expected data, the dollar recovered …

The US Federal Reserve (Fed) announced on Wednesday that it left the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% following the June policy meeting. This decision came in line with the market expectation. Fed will release the revised Summary of Economic Projections (SEP), the so-called dot …

The Federal Reserve is split on the path for rates, and this uncertainty cools the enthusiasm after the soft CPI which triggered a big rally. Interest rates have a critical role in moving financial markets, and the US Federal Reserve (Fed) is the most influential central bank. The Fed announces …

Gold surged after the release of US CPI data, which showed price rises slowing in May. This suggests that the Federal Reserve may cut interest rates sooner than expected, lowering the opportunity cost of holding Gold. Gold could experience more volatility after the Fed policy decision is announced on Wednesday. …

European stock markets experienced gains on Wednesday as investors digested regional growth and inflation data ahead of the conclusion of the Federal Reserve’s latest policy meeting. Key Market Movements: DAX (Germany): +0.4%CAC 40 (France): +0.4%FTSE 100 (U.K.): +0.6% Economic Data: German consumer prices rose 2.8% year-on-year in May, up from …

Markets Await U.S. CPI and Fed’s Economic Projections The U.S. dollar held steady on Wednesday following a recent surge to a four-week high. Market participants are eagerly awaiting the release of U.S. inflation data and the Federal Reserve’s updated economic projections, both expected later in the day. The data and …