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Forex

Powell Q&A: Regardless of dots, everyone at FOMC would say they’re ‘very data dependent’

We're going to have low readings of y/y inflation drop out in H2Because of that, we get a slight rise in core inflation...

Forex

EUR/USD halts Wednesday rally after Fed shifts away from rate cuts, Fiber falls from 1.0850

EUR/USD pivoted away from 1.0850 on Wednesday after the Federal Reserve (Fed) held rates as markets broadly expected, but a shift in the...

Forex

Powell speech: Will continue to make decisions meeting by meeting

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and...

Forex

Powell speech: More recent readings on inflation have shown easing

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and...

Forex

Powell opening statement: Inflation has eased substantially but is still too high

Recent indicators suggest economy still growing at a solid paceConsumer spending remains solidGDP has slowed but private domestic final purchases still growing at...

Forex

USD/JPY retreats amid Fed’s hawkish hold, traders eye Powell’s speech

The USD/JPY retreated on Wednesday after the Federal Reserve's decision to keep interest rates unchanged while tilting slightly hawkish as Fed officials upward...

Forex

Watch live: Federal Reserve Chairman Jerome Powell holds a press conference

The press conference begins at 2:30 pm ET and usually lasts around 45 minutes. This article was written by Adam Button at www.forexlive.com.

Forex

US dollar corrects higher after the FOMC rate decision

The USDs reaction has been a modest rise in the USD as the Fed chooses to forecast only 1 cut between now and...

Forex

GBP/USD clears some gains after Fed’s decision and dot plot revision

On Wednesday, the GBP/USD cleared some of its gains following the Federal Reserve (Fed) decision to hold rates steady at 5.25%-5.50% and stands...

Forex

Federal Reserve rate decision: Rates unchanged and dot plot shows one cut this year

This is a surprise as most had thought after CPI the FOMC dot plots would show two cuts.Here are how the projections compare...