The day began with a focus on China reopening but it's quickly shifted to the potential for a hawkish Fed decision tomorrow. That's led to a sharp turnaround in the US dollar across...
(Bloomberg) — Stocks saw their gains fizzle out after some strong economic reports raised questions on whether the Federal Reserve will be able to decelerate its pace of monetary tightening soon.Most Read from...
USD/JPY, US Federal Reserve, Bank of Japan, Inflation—Talking PointsUSD/JPY has seen record monthly levels of official interventionHowever the Japanese Yen still lacks fundamental supportThe Fed will provide near-term direction with markets expecting rate...
EUR/USD Price, Chart, and AnalysisECB President Christine Lagarde doubles down on inflation.In the short term, the Fed will determine the fate of EUR/USD.
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The central bank bonanza continues into the new week with the RBA raising its cash rate by a measly 25 bps today. The decision was much expected but there was certainly a case...