Forex
Fed’s Hammack: Further easing in inflation far from certain
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack noted on Thursday that interest rates are likely on hold for the time being...
Pound Sterling Price News and Forecast: GBP/USD slumps against US Dollar as Trump threatens reciprocal tariffs
The Pound Sterling (GBP) slides to near 1.2630 against the US Dollar (USD) in North American trading hours on Thursday.
Dow Jones Industrial Average shrugs off new tariff threats
The Dow Jones Industrial Average (DJIA) knocked around 400 points higher at its highest on Thursday, driven by a heavy bounceback in overweight...
Fed’s Hammack: Fed likely to hold rates steady ‘for some time’
Further easing in inflation is far from certain and upside risks aboundEasing inflation has been uneven and has slowedSeeks evidence inflation is moving...
NASDAQ traders battle between key support and resistance levels
The NASDAQ index fell below its 100-day moving average on Tuesday and has remained mostly below it through Wednesday and today. This sustained...
Trump says Russia acting well and that a peace deal is “well advanced”
Does not think Putin would invade again if there is a peace deal with UkraineWe're paying a disproportionate share for NATOWe are going...
There haven’t been intensive discussions around avoiding China tariffs – report
The WSJ's Lingling Wei reports that there haven't been 'intensive' negotiations on how China can avoid further US tariffs after the first 10%...
US Dollar surges after strong GDP and inflation data
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is extending gains on Thursday,...
OPEC + is hesitant on going ahead with plans April oil output hike
Reuters is reporting that: OPEC+ is hesitant on going ahead with plans April oil output hike due to uncertainty over sanctions and tariffs.Russia,...
GBPUSD breaks below key moving averages, signaling bearish sentiment
The GBPUSD is trading lower, breaching a cluster of key moving averages and signaling a shift in market sentiment (see hourly chart above)....