Browsing: Global Forex Updates
Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly noted on Thursday that, despite overall progress on inflation…
The US Dollar regains ground as US President Donald Trump walks back the threat to remove Fed Chair Jerome Powell.The…
USD/CHF gains as US Retail Sales support a hawkish Fed stance.Expectations that the Fed will cut rates in September decline,…
Gold price recovers a portion of losses after a rejection of $3,300.Interest rate expectations and rising yields support the Dollar,…
US jobless claims fall to 221K, while retail sales rise 0.6% in June.Fed’s Kugler signals no rush to cut rates…
The EUR/USD jumps over 150 pips to 1.1721 after US President Trump suggests firing Fed Chair Powell.CBS reported that Trump…
The Euro recovers against the US Dollar with concerns over the Fed’s independence limiting losses.EUR/USD price action recovers above 1.1600…
Gold price rebounds after reports emerge that President may remove Fed Powell from officeUS Dollar retreats with trade talks and…
The US Dollar slumps on Wednesday after CBS reports Trump asked GOP lawmakers if he should fire Fed Chair Jerome…
US PPI slows to 2.3% YoY, reigniting July Fed cut speculation.Trump reportedly considers removing Fed Chair Powell, adding to market…