Forex Market

House Republicans suffered a narrow but symbolic defeat late Tuesday after failing to pass a procedural measure designed to block lawmakers from forcing a vote on President Donald Trump’s tariff policies. The proposal was rejected by a slim margin of 214–217, as three Republicans joined Democrats in opposing the move—dealing …

U.S. officials have discussed the possibility of seizing oil tankers carrying Iranian crude to increase pressure on Tehran, but have refrained from doing so over concerns about retaliation and disruption to global oil markets, according to The Wall Street Journal. The White House reportedly considered such a move as part …

U.S. Commerce Secretary Howard Lutnick said on Tuesday that the recent weakness in the U.S. dollar reflects a more “natural” level for the currency, arguing that it could help boost American exports and support stronger economic growth. Speaking before a U.S. Senate Appropriations subcommittee, Lutnick said that for many years …

The European Union needs to significantly simplify its regulatory framework for businesses to strengthen its global competitiveness against economic heavyweights such as the United States and China, European Commission President Ursula von der Leyen said on Wednesday. Speaking before the European Parliament, von der Leyen highlighted the structural fragmentation of …

U.S. President Donald Trump reignited the debate over interest rates, arguing that sharp rate cuts could eliminate the U.S. debt burden without the need for painful spending cuts. He said borrowing costs remain far too high and insisted that the United States should have the lowest interest rates in the …

The US Dollar steadied near the 96.80 level on Wednesday, recovering some earlier losses as traders positioned themselves ahead of critical economic reports. Attention is squarely on the upcoming January Nonfarm Payrolls (NFP), scheduled for release later today, and the January Consumer Price Index (CPI) expected on Friday. These figures …

U.S. retail sales for December came in below expectations, reigniting concerns about the strength of consumer spending in the world’s largest economy. The disappointment was notable given the typically strong holiday season, signaling a possible slowdown in demand at the start of the year.Fed Policy Back in FocusWeaker retail data …

Federal Reserve Bank of Cleveland President Beth Hammack said the Fed is in a strong position to monitor the economy, noting that inflation remains too high. She indicated that interest rates could stay on hold for some time, with the current target rate close to neutral.Hammack highlighted that Fed policy, …

Global markets are entering a decisive moment as investors shift their full attention to the upcoming US Nonfarm Payrolls (NFP) report, widely seen as the most important catalyst for near-term price action across gold, the US dollar, and equities. With positioning stretched and expectations finely balanced, the labor data could …

The euro area ended last year on a stronger footing than many had expected, showing resilience despite a challenging global backdrop. Economic activity remained steady, while inflation pressures continued to ease, reinforcing confidence that the region is navigating a controlled slowdown rather than a sharp downturn.A Strong Finish to the …