The FOMC meeting today is highly anticipated due to uncertainty surrounding future US monetary policy. Markets expect a 25 bps rate cut today and a slower pace of easing in 2025 due to President-elect Trump’s Read more…
The Federal Reserve is set to announce its interest rate decision today at 21:00 GMT+2, with Fed Chair Jerome Powell holding a press conference 30 minutes later. According to Forex Factory, the market expects a Read more…
AUD/USD hit new 2024 low and trading near the lowest since Oct 2023 on Thursday, after strong bearish signal was generated on Tuesday’s close below former annual low (0.6348, Aug 5 spike low). Aussie remains Read more…
Gold prices are hovering around 2,650 USD per troy ounce as investors remain cautious, conserving their energy for a potential move depending on the US Federal Reserve’s rate decision later tonight. The predominant market expectation Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher in early Wednesday trading, while Treasury yields and the dollar held steady, as investors braced the final Federal Reserve rate decision of Read more…
ECB Chief Economist Philip Lane highlighted the importance of maintaining “agility” in monetary policy decisions during a speech today. Lane emphasized that in the current environment of elevated uncertainty, ECB’s “prudent” approach will be guided Read more…
Eurozone headline inflation for November was finalized at 2.2% yoy, up from October’s 2.0%. Meanwhile, Core CPI, which excludes food, alcohol, and tobacco, eased to 2.7% yoy, down from October’s 2.9%. Services contributed the most Read more…
AUDUSD extends downtrend to a more-than-a-year low A pause is likely, but negative trend could stay in play FOMC policy announcement due at 19:00 GMT AUDUSD is caught in a relentless downtrend, plunging to a Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Whether you’re lounging by yourself or watching TV with the whole Read more…
USDJPY is trading sideways as the yen shows some signs of life Market participants are preparing for central bank meetings Momentum indicators are mostly bullish at this stage USDJPY is trading sideways today, following Tuesday’s Read more…