The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
For any repeat of the dramatic 1985 "Plaza Accord" between the U.S. and its main allies to weaken a then-stratospheric dollar ...
The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
The euro is slipping fast, dragged down by traders who are betting that interest rates in Europe and the US will continue to head in opposite directions. Yesterday, the European Central Bank (ECB) cut ...
The US Federal Reserve voted unanimously earlier this week to keep the US Federal Funds Rate in a range of 4.25% to 4.5%.
The US labour market is also in focus next week with an update on hires and fires over December on Tuesday. Payroll data for January also arrives on Friday with 170,000 non-farm jobs expected to have ...
EUR/USD shifted lower for a fourth consecutive trading day on Thursday, peaking near 1.0450 before softening to shed ...
Gold is on track for its best monthly performance since March last year as sentiment remains strong and participants consider ...
US stock markets finished higher on Thursday after a heavy news day that included earnings from tech heavyweights, an ECB ...
Money markets priced in an ECB deposit facility rate at 1.95% at the end of 2025 -- which implies three 25 bps cuts and a 20% chance of a fourth move by year-end -- from around 2.05% before data. The ...