Forex Market

Federal Reserve officials are increasingly emphasizing a slowdown in inflation progress, with Philadelphia Fed President Patrick Harker joining the chorus on Thursday. This coordinated messaging comes ahead of the highly anticipated Personal Consumption Expenditures Price Index (PCEPI) release, where expectations lean toward an upside surprise, suggesting renewed inflationary pressures within …

The US Dollar is experiencing broad gains after the second release of the US GDP report. Traders were caught off guard by the rising inflation components. The US Dollar Index (DXY) has broken above 107.00 and continues to climb.The US Dollar experienced a significant surge, with the US Dollar Index …

Bank of Japan (BoJ) Governor Kazuo Ueda noted on Thursday that US policy uncertainty is impacting how central banks are doing their jobs, and highlighted that the BoJ will be watching data closely in the runup to possible widespread tariffs.Key highlightsIt was notable many countries warned of high uncertainty on …

European stock markets traded lower on Thursday following U.S. President Donald Trump’s announcement of 25% tariffs on imports from the European Union. At 03:15 ET (08:15 GMT): Germany’s DAX dropped 1%. France’s CAC 40 slipped 0.3%. The UK’s FTSE 100 remained unchanged. Trump, speaking during his first Cabinet meeting on …

European stocks traded lower on Thursday as markets reacted to U.S. President Donald Trump’s announcement of 25% tariffs on European Union imports, escalating trade tensions between the two economies. Market Performance At 03:15 ET (08:15 GMT): Germany’s DAX fell 1% France’s CAC 40 slipped 0.3% UK’s FTSE 100 remained unchanged …

The US dollar rebounded from a two-month low of around 106.20 on the Dollar Index (DXY), despite lingering concerns about US tariffs and economic health. This recovery occurred amidst mixed US Treasury yields. Key US economic data releases today include weekly jobless claims, durable goods orders, and a revised Q4 …

Bank of England (BoE) Monetary Policy Committee member Swati Dhingra has articulated a critical perspective on the limitations of monetary policy in the face of escalating global trade disruptions. Her analysis emphasizes that central banks, while essential, cannot solely address the inflationary pressures stemming from systemic price shocks within key …

The GBP/USD exchange rate has surged to a fresh 10-week high, nearing the pivotal 1.2700 level, fueled by a prevailing sense of market optimism and a notable absence of disruptive negative news. This upward trajectory reflects a growing confidence in the Pound Sterling, underpinned by perceived stability within the UK’s …

EU R/USD is under pressure, trading below 1.0500, as the US Dollar strengthens alongside rising US Treasury yields. This movement follows the US House of Representatives’ approval of a $4.5 trillion tax cut plan on Tuesday.Market focus now shifts to key economic data releases: the preliminary German Harmonized Index of …

The US dollar is facing mounting pressure, with the US Dollar Index (DXY) retreating to around 106.30. This decline reflects a confluence of factors, including escalating trade tensions, particularly with China, and growing concerns about the health of the US economy. The Trump administration’s recent signals of potentially tighter tariffs …