Forex Market

The U.S. Dollar surged on Wednesday, driven by increasing risk aversion in global markets. This move reflects a widespread challenge for central banks: battling a slowing economy while still contending with stubborn inflation.The Dollar Index (DXY) rose by over half a percent, reaching its highest level in nearly two weeks. …

Gold prices have pulled back sharply, dipping from a daily high of 3,779.340 to around 3,732.985 in recent trading, marking a 0.83% decline. This retreat follows Federal Reserve Chair Jerome Powell’s recent emphasis on a cautious approach to rate cuts, which has bolstered the US dollar and tempered investor enthusiasm. …

Federal Reserve Bank of Chicago President Austan Goolsbee is pumping the brakes on the widespread expectation of a rapid series of interest rate cuts. In a surprising move that separates him from the broader narrative, Goolsbee has voiced his discomfort with “overly frontloading” rate reductions, pushing back against the idea …

The USD/JPY pair has climbed to 148.868, marking a fresh three-week high and gaining 0.83% on the day amid persistent US Dollar strength. This advance, pushing the pair from a previous close of 147.641 to a day’s range of 147.515 to 148.887, highlights a troubling trend: the Japanese Yen’s ongoing …

In an interview with Simon Archer, Editor of West Midlands Magazine, Bank of England Governor Andrew Bailey hinted at further reductions in interest rates, signaling a cautious yet dovish approach to monetary policy. Bailey emphasized that the trajectory of rate cuts will hinge on the continued decline of inflation, underscoring …

The U.S. dollar firmed on Wednesday, recovering from near one-week lows after Federal Reserve Chair Jerome Powell reiterated a cautious stance on the outlook for monetary easing. Markets, however, still priced in two more quarter-point rate cuts this year, keeping traders focused on incoming inflation data. Dollar Index and Major …

Australia’s consumer price index (CPI) rose faster than expected in August 2025, underscoring persistent inflationary pressures that could complicate the Reserve Bank of Australia’s (RBA) monetary policy path. CPI and Core Measures Headline CPI increased 3% year-on-year, the fastest pace since July 2024, compared with expectations of 2.9% and up …

The EUR/USD exchange rate remained resilient on Tuesday, staying firm above the 1.1800 level despite economic data signaling a slowdown in both the United States and the Eurozone. With modest gains of about 0.09%, the pair reflected a market dynamic where investor risk appetite continued to pressure the US Dollar, …

The USD/CAD exchange rate has climbed for two consecutive days, posting a short-term gain of approximately 0.5%, buoyed by Federal Reserve Chairman Jerome Powell’s measured remarks on monetary policy. Despite this uptick, the US Dollar’s momentum remains hesitant, with the pair stuck in a directionless range, reflecting market indecision. Meanwhile, …

Federal Reserve Chair Jerome Powell highlighted the potential inflationary impact of tariff increases during Tuesday’s speech on the U.S. economic outlook. He emphasized that such measures could lead to somewhat higher inflation, though he expressed confidence in managing these effects to prevent them from becoming a persistent issue.Powell assured that …