Forex Market

The U.S. dollar caught a breather on Thursday, finding some relief despite fluctuating risk sentiment in global markets. Investors turned their focus to renewed tensions between political leadership and the Federal Reserve, with calls for lower interest rates and criticism of the Fed’s current stewardship stirring the financial landscape. These …

Bitcoin (BTC) is hovering just below $85,000, caught in a holding pattern as tensions escalate between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. The cryptocurrency market, already rattled by global trade uncertainties, faces fresh volatility following Trump’s reported discussions about ousting Powell, raising concerns over central bank …

The European Central Bank (ECB) has slashed interest rates for the seventh time in a year, bringing borrowing costs to their lowest since late 2022. This latest move, a unanimous 25-basis-point cut to 2.25% on April 17, 2025, marks the culmination of a series of reductions that began in June …

Gold prices slipped in Asian trading on Thursday, pulling back from fresh record highs as investors booked profits following a sharp rally, while hawkish signals from Federal Reserve Chair Jerome Powell tempered bullish sentiment across precious metals. Spot gold fell 0.7% to $3,320.56/oz Gold futures (June delivery) dropped 0.4% to …

Oil prices rose for a second straight session in Asian trading on Thursday, fueled by renewed geopolitical tensions and supply disruption risks following the U.S. imposition of new sanctions on Iranian oil exports, while investors digested mixed U.S. inventory data. As of 21:35 ET (01:35 GMT): Brent crude (June delivery) …

The U.S. Dollar is facing mounting pressure as trade tensions and declining Treasury yields weigh heavily on its outlook, with the USD/JPY currency pair hovering cautiously around the 143 mark. During Wednesday’s North American trading session, the pair showed a slight upward bias but struggled to gain traction, reflecting broader …

The U.S. dollar faced renewed pressure on Wednesday, sliding to multi-month lows as persistent trade tensions and cautious remarks from the Federal Reserve chief in Chicago kept investors on edge. The dollar’s decline, mirrored by a drop in U.S. Treasury yields, set the tone for a volatile day in global …

In a significant shift from traditional economic forecasts, the Bank of Canada has outlined two potential scenarios for the nation’s economy, reflecting the uncertainty gripping global markets as of April 16, 2025. The first scenario envisions a deep recession, driven by external pressures, while the second foresees a sharp spike …

The U.S. economy is entering a period of unprecedented uncertainty, driven by a sweeping array of new tariffs introduced by the current administration, according to Federal Reserve Chair Jerome Powell. Speaking at a high-profile economic forum in Chicago, Powell described these trade policies as a historic shift, unparalleled in modern …

Recent social media buzz has sparked claims that the European Union is set to ban American credit cards and payment platforms like Visa, Mastercard, and PayPal. However, these assertions misrepresent the EU’s actual plans. Far from outlawing these services, the European Central Bank is pushing for the creation of a …