Breaking News
Bank of England Prepares Interest Rate Cut Amid Global Trade Tensions
The Bank of England is expected to announce its fourth interest rate reduction since August [...]
May
Currency Market ‘Avalanche’ Threatens U.S. Dollar Amid Asian FX Surge
Stephen Jen, CEO of Eurizon SLJ Capital, has cautioned that recent volatility in the currency [...]
May
US-China Trade Talks Anchor the Greenback Ahead of Fed Decision
The US dollar remains supported ahead of the FOMC meeting, buoyed by renewed US-China trade [...]
May
The Fed Takes Cautious Approach Amid Economic Uncertainty and Tariff Concerns
The Federal Reserve faces a complex decision landscape as economic indicators send mixed signals amid [...]
May
Fed Rate Cuts: Markets Revise Timeline as Economic Strength Delays Cutting Rates
Traders now anticipate three Fed rate cuts in 2024, down from four expected earlier, as [...]
May
US Trade Deficit Soars to Record $140.5 Billion Ahead of Trump Tariffs
The US trade deficit in goods and services surged to an all-time high of $140.5 [...]
May
Asian Currencies Rally as U.S. Dollar Stumbles Amid Tariff Fears and Policy Uncertainty
The U.S. dollar continued to weaken sharply this week, fueling a strong rally in Asian [...]
May
US Dollar Under Pressure as Asian Currencies Surge: Market Speculates on New Plaza Accord
The US dollar kicked off the week on the back foot as a wave of [...]
May
Trump Says Tariffs on China Will Be Lowered Eventually
In a notable shift that could pave the way for renewed U.S.-China trade talks, former [...]
May