Crude oil futures settle at $86.21
Crude oil futures are settling at $86.21. That's up $0.98 or 1.15% on the day.The high price for the day has reached $86.32....
CIBC sees Bank of Canada on track for June cut and 100 bps of easing this year
CIBC highlights today's Bank of Canada rate decision and what it means for the economy and central bank from here:2024 BOC inflation forecast...
EURUSD reaches target swing area and finds some buyers
The EURUSD move lower today wasn't over until it hit a swing area between 1.0722 and 107314. At that level, buyers have stuck...
EUR/JPY Price Analysis: Bulls lose traction, possible market cooling may follow
The EUR/JPY pair is trading at 164.25 and has decreased by 0.30% in Wednesday’s session.
Breaking: FOMC Minutes show concerns over inflation persist
During the FOMC Minutes, participants expressed general uncertainty about the persistence of elevated inflation and indicated that recent data did not increase their...
FOMC minutes: Almost all members agreed it would be appropriate to pivot dovishly in 2024
Consumer price inflation continued to decline, but recent progress was uneven.Disinflation process was continuing along a path that was generally expected to be...
United States Monthly Budget Statement below expectations ($-197.5B) in March: Actual ($-236B)
United States Monthly Budget Statement below expectations ($-197.5B) in March: Actual ($-236B)
AUD/USD plummets to the 0.6500 support area after the US CPI release
Strong US CPI figures have sent the Aussie tumbling. US CPI accelerated 0.4% in March against expectations of a 0.3% reading.
Biden: Inflation news may delay rate cut but we will have a cut before year end
Kishida and Biden are speaking to the press now and Biden weighed in on inflation and monetary policy:Inflation may delay rate cutI don't...
US sees missile strikes on Israel by Iran or its proxies as imminent
The market breathed a sign of relief that there were no weekend strikes but now there's a newswire report that the US sees...
