The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal Consumption Expenditure (PCE) data. Softer inflation metrics, coupled with ...
DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday. The soft inflation readings might not alter the ‘wait and see’ ...
The AUD/USD is extending its gains for a second consecutive day. The Relative Strength Index (RSI) stands near 33, rebounding ...
A government shutdown only impacts the 25% or so of federal spending that is characterized as "discretionary." "Mandatory" ...
Amgen stock gained more than 2% in Friday’s morning session after foreign weightloss drug competitor Novo Nordisk (NVO) ...
As widely expected, the Federal Open Market Committee (FOMC) cut the target range for the federal funds rate by 25 bps at its ...
That generalization can be misapplied, however, in cases where the Fed is reacting to changes in relative interest rates. That is, sometimes the Fed’s action pushes interest rates in one direction or ...
EUR/USD gains on Friday, settling near 1.0395 after Wednesday’s steep decline. RSI rises sharply to 37, remaining in negative ...
If Fed policymakers were making wishes, they'd want services spending to cool, goods spending to pick up and for all of this ...
US Dollar Index with ticker DXY is in a massive recovery and it’s unfolding a five-wave bullish cycle within higher degree ...
Enjoy today‘s reprieve and have a great pre-Christmas weekend!
The GBP/USD pair rebounded towards 1.2540 after the release of US inflation data and the Bank of England's (BoE) monetary ...