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Warsh is a fantastic pick
Federal Reserve (Fed) Governor Stephen Miran said that he is really excited to see the good work he believes Kevin Warsh will do as Fed Chair after being nominated by President…
Gold plunges from record highs as profit-taking and a firmer US Dollar weigh
Gold (XAU/USD) comes under intense selling pressure on Friday, giving back all the gains registered earlier this week as extreme volatility triggers broad-based liquidation of…
PMI expectations and Lunar New Year caution – ABN AMRO
ABN AMRO's report outlines expectations for January PMIs in China, with a consensus forecast indicating broad stabilization. Both manufacturing PMIs are expected to remain at or…
Despite strong results, Apple, SoFi trend lower as Wall Street reflects on Warsh Fed nomination
You couldn't have asked for more from either Apple (AAPL) or SoFi (SOFI) quarterly results. However, the market has taken a dim view of both as the focus is drawn to President…
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NZD/USD retreats from six-month high amid US Dollar rebound
NZD/USD trades around 0.6035 on Friday at the time of writing, down 0.70% on the day, snapping a winning streak that began in mid-January. The pair pulls back after touching a…
USD/CHF rebounds as Warsh nomination and hot PPI support the US Dollar
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Friday, as traders reassess the Federal Reserve (Fed) outlook following fresh signals from US President Donald Trump on…
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Weakness concerns amid intervention – BNY
The Japanese Yen remains under pressure, with concerns raised by local business leaders about its excessive weakness impacting profitability and wage growth. The chairman of the…