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Forex
Fed’s Powell: If policy is not in the right place, we’ll move it there
US Federal Reserve (Fed) Chair Jerome Powell said that tariff increases will likely show up as somewhat higher inflation, while speaking on the economic…
Dow Jones Industrial Average trims early gains, softens on Tuesday
The Dow Jones touched 46,700 for the first time ever on Tuesday.Despite equity indexes tilted into record highs, topside momentum remains thin.US PMI figures…
Fed’s Bostic: I would be open to using an inflation target range
Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday he could eventually support shifting the central bank’s 2% inflation target to a…
EUR/USD steady as PMI surveys highlight slowing growth, markets await Powell speech
EUR/USD steady on Tuesday after PMI releases showed slowing momentum on both sides of the Atlantic.US S&P Global Composite PMI eased to 53.6 in September,…
Japan FX Today: Japanese Yen holds steady, awaiting clarity from BoJ Minutes
Ahead of the Bank of Japan's (BoJ) eagerly-awaited Minutes, due to be published on Wednesday at 23:50 GMT, the Japanese Yen (JPY) is holding steady against the…
Gold consolidates below record highs as markets await Powell’s speech
Gold extends its record run, hitting a fresh all-time high of $3,791 on Tuesday.Fed officials struck a cautious tone on further cuts on Monday, although…
Australia’s S&P Global Manufacturing PMI declines to 51.6 in September
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 51.6 in September versus 53.0 prior, the latest…
Silver Price Forecast: XAG/USD trades around $43.50 near fresh 14-year highs
Silver price reached a new 14-year high of $43.77 on Monday.The safe-haven Silver attracts buyers amid rising geopolitical tensions in Europe and the Middle…
Forex Today: Gold climbs to new record-high above $3,700, eyes on Fed speeches
Here is what you need to know on Monday, September 22:Gold builds on its bullish action to end the previous week and trades at a new record-high above $3,700…
Dow Jones futures slip as geopolitical tensions fuel risk aversion
Dow Jones futures decline amid rising geopolitical tensions in Europe and the Middle East.Poland’s NATO-aligned armed forces deployed aircraft to ensure the…