Browsing: Global Forex Updates
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…
EUR/USD accelerated into the low side on Tuesday after US CPI inflation flashed its first warning sign.Fed rate cut hopes…
GBP/USD backslid again on Tuesday after US CPI clocked rising price pressures.The Pound Sterling is down nearly 3% against the…
The Dow Jones fell on Tuesday, but still remains within recent consolidation.Equities backslid after US CPI inflation came in hotter…
US CPI rises to 2.7% YoY, first meaningful jump in five months.Core inflation sticks at 2.9%, reinforcing Fed’s cautious stance.UK…