On Thursday, the US dollar and Treasury yields rose due to Federal Reserve Chair Jerome Powell’s remarks suggesting the need for more US interest rate
GBP/USD gained momentum and approached 1.2800 following the release of the UK’s inflation data. The Consumer Price Index (CPI) stood at 8.7% YoY in May,
📈 Get ready for a week of market action in forex and currency as central bank speeches and economic data take center stage. 💶 Will
The Asian stock market is experiencing a positive trend with each economy showing significant gains. The Bank of Japan (BoJ) decided to continue its ultra-dovish
US retail sales rose by 0.3% in May, surpassing market expectations of a 0.1% decline. Retail sales excluding autos also rose by 0.1% above expectations.
Breaking News: The Fed delivered on market expectations by announcing its decision to maintain the current range of 5-5.25% for the federal funds rate, following
Positive news on inflation and speculations that the Federal Reserve will postpone a rate hike after this week’s policy meeting have propelled the Dow Jones
Highlights Prepare for a big week in the markets with major currency pairs fluctuating within narrow ranges. The US economic sector has no high-impact releases
With a relatively quiet economic calendar, investors are already looking ahead to next week’s potential market-moving events. All eyes are on the US inflation data
Dow Jones climbs but Nasdaq and S&P 500 decline – here’s what happened in the markets. Global concerns over economic growth led to mixed results
