Forex Market

Switzerland is ramping up its diplomatic and business efforts in Washington to tackle the crushing 39% U.S. tariffs on its exports—the steepest in Europe. After initial attempts by Swiss officials to sway President Trump failed, a November visit by Swiss business leaders appears to have shifted the conversation.Swiss ministers in …

The President of the Federal Reserve Bank of St. Louis, Alberto Musalem, delivered a measured outlook on the U.S. economy and monetary policy during a recent forum in Indiana. He emphasized that current policy is closer to neutral than restrictive, while highlighting the resilience of the economy despite ongoing challenges.Musalem …

The US Dollar slipped against the Japanese Yen on Thursday, trading at 154.41, down 0.24% from the previous session. This marks a pause after several weeks of gains, as investors remain cautious despite the end of the US government shutdown.Attention is now focused on upcoming US economic reports, which could …

Federal Reserve Bank of Minneapolis President Neel Kashkari has cautioned that U.S. inflation remains uncomfortably high, despite early signs of moderation across some parts of the economy. Speaking at the Opportunity & Inclusive Growth Institute’s Research Conference on Thursday, Kashkari said that while price pressures have eased compared with the …

With the U.S. government officially reopening after the House voted to end the longest shutdown in the nation’s history, economists are urging the Department of Labor to immediately prioritize the release of November’s employment and inflation data. The move is seen as crucial to give the Federal Reserve the up-to-date …

The British pound strengthened on Thursday, reaching its highest level in two weeks as global markets reacted positively to the reopening of the U.S. government. The end of the budget standoff in Washington restored a sense of stability after weeks of uncertainty, boosting investor confidence and easing fears of wider …

President Trump signed a stopgap funding package late Wednesday, formally ending the longest U.S. government shutdown (43 days). The measure, passed by both chambers this week largely along party lines, funds most agencies through Jan. 30 and provides full-year appropriations for select departments. The Senate advanced the deal on Monday …

The UK economy barely expanded in the third quarter and slipped in September, sharpening the focus on Chancellor Rachel Reeves’ tax-tilted budget later this month and complicating the Bank of England’s year-end policy calculus. Headline prints Q3 GDP: +0.1% q/q (vs. +0.3% in Q2), signalling a loss of momentum into …

The upward trajectory of the Sterling/US Dollar (GBP/USD) pair came to a halt on Wednesday after the Bank of England (BoE) adopted a cautious stance on its monetary policy outlook, exerting downward pressure on the British pound.This pause followed the Bank’s monetary policy report, which revealed less hawkish expectations than …

On Wednesday, the U.S. House of Representatives voted to advance a bill aimed at reopening the federal government, marking a significant step toward resolving the crisis that has halted government operations for 43 days.The legislation seeks to fund federal agencies and restore normal operations after the shutdown delayed key economic …