Forex Market

As the Federal Reserve prepares for its late-October meeting, an internal debate has intensified over how aggressively to ease monetary policy in the face of a slowing U.S. labor market and rising geopolitical tension.Federal Reserve Governor Stephen Miran has renewed his call for a half-percentage-point interest rate cut, arguing that …

The U.S. dollar traded mixed on Thursday, edging higher against the yen but weakening versus the euro, as investors weighed dovish signals from Federal Reserve officials and persistent U.S.-China trade tensions that have heightened uncertainty in global markets. Dollar Index Slips Amid Fed Rate-Cut Bets The U.S. Dollar Index (DXY), …

The U.K. economy recorded a slight expansion in August, providing a modest boost to Chancellor Rachel Reeves as she prepares to unveil her autumn budget amid tight fiscal constraints and persistent inflation pressures. GDP Returns to Growth According to data released by the Office for National Statistics (ONS), gross domestic …

The United States is entering a period where its budget deficit is no longer just an abstract number—it is a force already biting into the economy and shaping the nation’s ability to grow, compete, and lead. In the aftermath of the “One Big Beautiful Bill Act of 2025,” debt levels …

The federal government shutdown, now stretching into its second week, is exacting a steep economic toll on the United States—an estimated $15 billion a day, according to Treasury Secretary Scott Bessent. Speaking in Washington during the IMF and World Bank annual meetings, Bessent warned that the political deadlock in Congress …

The Pound Sterling staged a notable recovery mid-week, advancing against the US Dollar amidst twin signals of eased geopolitical trade tension and a more accommodating stance from US monetary authorities. The currency pair, GBP/USD, climbed significantly, recovering from earlier daily lows to trade near 1.3396. This upward movement reflects a …

Bank of America (NYSE: BAC) reported a stronger-than-expected third-quarter performance on Wednesday, buoyed by solid loan and deposit growth, a surge in investment banking activity, and higher interest income — signaling robust momentum across its core businesses despite a challenging macro backdrop. Earnings Beat Across Key Segments The U.S. banking …

U.S. Dollar Slips Ahead of Inflation Data Amid Government Shutdown ConcernsThe U.S. Dollar Index (DXY) recorded a notable decline during the North American trading session on Tuesday, October 14, 2025, falling by 0.21% to close at 99.042 points. This drop reflects growing caution among investors ahead of the release of …

Federal Reserve Chair Jerome Powell delivered a sobering assessment of the U.S. economic landscape, underscoring the complex trade-offs facing monetary policymakers. In his latest remarks, Powell emphasized that while recent data still point to steady economic growth, the central bank is increasingly concerned about mounting risks in both the labor …

The British pound extended its decline for a second consecutive day, sliding toward the 1.3300 mark against the US dollar. This drop follows the release of disappointing UK employment data, which has intensified speculation that the Bank of England may soon pivot toward interest rate cuts.Sterling traded around 1.3300 after …