The Euro-dollar currency pair recovered some of its intraday losses during the European session on Tuesday, but remains in negative territory, hovering around 1.0850. The US Dollar (USD) strengthened against the Euro
The Euro-Dollar aims to shift the trading range above the crucial resistance of 1.0850, with the major currency pair strengthening as the US Dollar remains on the back foot and hopes of
The Federal Reserve is likely to delay cutting interest rates until later this year, as the Fed’s preferred inflation gauge showed prices rose faster last month, said the CEO of a leading
By Naeem Aslam Investors are taking a cautious approach when it comes to taking risks. This week’s economic data hasn’t been so supportive of their investment thesis, and hence they are
By Craig Erlam This is not the U.S. inflation report that the Federal Reserve wanted to see and markets responded accordingly late on Tuesday. Inflation in January was hotter than expected across
By Mark Haefele The Federal Open Market Committee (FOMC) voted unanimously to keep rates unchanged on Wednesday in a target range of 5.25% to 5.5%. The pause was widely expected and marked
By Naeem Aslam Investors and traders are very much on the edge as the biggest event of the year will unfold, as the Federal Reserve will announce its monetary policy rate
By Craig Erlam It’s been a relatively slow start to trading on Wednesday which isn’t surprising considering what’s to come later in the day. On another day, earnings from Alphabet and Microsoft
By Craig Erlam Inflation, income and spending data for the US was released on Friday and broadly speaking the numbers were in line with expectations, with one outlier. Spending last month increased
By Moody’s Analytics Borrowing from the Federal Reserve’s emergency facility put in place after the failure of Silicon Valley Bank, the Bank Term Funding Programme, has risen sharply since late November. Just
