Forex Market

The US Dollar surged against the Japanese Yen on Wednesday, with the pair climbing close to 160.00 after the Federal Reserve signaled a cautious outlook on interest rates. The Fed kept policy unchanged and suggested only one rate cut for 2026, reinforcing expectations that borrowing costs will remain elevated for …

Federal Reserve Chair Jerome Powell delivered a candid assessment of the U.S. economy, painting a picture of resilience mixed with uncertainty. He noted that consumer spending remains firm and business investment is expanding, yet housing activity continues to lag. Powell emphasized that labor demand has clearly weakened, though other labor …

The US Federal Reserve decided to leave its key interest rate unchanged at 3.50%–3.75% during its March meeting, signaling a cautious approach as the economy navigates mixed signals. At a post-meeting press conference, the Fed emphasized that the current policy stance remains appropriate, supporting steady economic growth while monitoring risks …

The US Federal Reserve has kept interest rates unchanged for the second time this year, a move widely expected as global uncertainty and energy shocks weigh on the economy. The decision comes amid rising oil and gas prices, ongoing conflict in the Middle East, and a US job market showing …

Gold dropped sharply on Wednesday, falling below $4,900 as rising US inflation and higher oil prices strengthened the dollar. At the time of writing, XAU/USD traded at $4,898, down $107 or 2.14% on the day. Over the past week, gold has declined 3.64%, and its monthly loss stands at 2.36%, …

The European Central Bank is widely expected to hold interest rates steady at its upcoming meeting, keeping the deposit rate unchanged at 2.00% for a sixth consecutive time. But while the decision itself is unlikely to surprise anyone, all eyes will be on the tone — and there are growing …

The U.S. Producer Price Index (PPI) recorded a larger-than-expected increase in February 2026, signaling that inflationary pressures remain persistent despite easing in some sectors. Wholesale prices rose by 0.7% during the month, clearly surpassing market expectations, while the annual rate reached 3.4%, the highest since February 2025. The PPI is …

The U.S. dollar ticked slightly higher on Wednesday, supported by stabilizing oil prices and cautious positioning ahead of a packed schedule of central bank meetings. The greenback was largely steady against both the British pound and Japanese yen, with the latter pulling back from levels that had raised concerns about …

The Bank of Japan is widely expected to keep interest rates unchanged at the conclusion of its March 19 meeting, although persistent inflation concerns and a weaker yen are likely to shape a more hawkish tone from policymakers. The central bank is projected to maintain its short-term benchmark rate at …

Gold prices fell below key levels in Asian trading on Wednesday, as investors turned cautious ahead of a closely watched Federal Reserve decision and rising concerns over inflation. After briefly reclaiming the $5,000 per ounce level, bullion reversed course as ongoing tensions in the U.S.-Israel conflict with Iran heightened uncertainty …