Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market
Christopher Waller, a potential Fed chair successor to Jerome Powell, said rates could come down as soon as…
US GDP, employment data and Fedspeak next on tap
The US Dollar (USD) maintained its bullish bias unchanged for the second day in a row on Wednesday…
Gold ticks up on Russia-Ukraine tensions, EU-US trade optimism restricts upside
Gold price recovers to near $3,305 despite increasing hopes for a US-EU trade deal. Russia’s Putin demands that…
Bond markets were ‘orderly’ in April, but seeing rising stress in households
Federal Reserve (Fed) Board of Governors member Dr. Lisa Cook noted on Friday during a hosted event at…
Gold sticks to intraday losses amid positive risk tone; holds above $3,200
Gold price drifts lower as a positive risk tone continues to undermine safe-haven assets. The XAU/USD pair struggles…
FXS Fed Sentiment Index stays in hawkish territory as markets await fresh comments
FXStreet Fed Sentiment Index remains in hawkish territory after May meeting. Several Fed policymakers will be delivering speeches…
EUR/USD whipsaws after Fed rate hold, Powell warns tariffs put targets out of reach
EUR/USD bounced from 1.1335 to 1.1365 after the Fed held rates steady at 4.5%. Market tensions remain elevated,…
EUR/USD struggles to extend upside after surprisingly upbeat US ISM Services PMI
EUR/USD finds selling pressure near 1.1360 as the US Dollar attracts bids after the release of the US…
US Dollar climbs as trade rumors fuel market speculation
The US Dollar Index (DXY) rises near the 99.65 area as traders react to conflicting US-China trade signals.…
Rate cuts could come from rising unemployment
Federal Reserve (Fed) Governor Christopher Waller told Bloomberg on Thursday that tariffs are a part of most economic…