Jerome Powell Acknowledges Lack of Understanding on Inflation

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Jerome Powell Acknowledges Lack of Understanding on Inflation

Powell Denies Funding US Debt, Rejects Idea of Rate Reductions

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Powell Denies Funding US Debt, Rejects Idea of Rate Reductions

Powell Admits to Misunderstanding Inflation

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Powell Admits to Misunderstanding Inflation

Powell

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Powell

Scotiabank suggests that for stability, the currency pair USDCAD at 1.33243 must regain and...

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Scotiabank suggests that for stability, the currency pair USDCAD at 1.33243 must regain and maintain a level of 1.3395/00.

Despite better-than-expected US Retail Sales growth of 0.3% (versus an anticipated contraction of 0.1%),...

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Despite better-than-expected US Retail Sales growth of 0.3% (versus an anticipated contraction of 0.1%), there has been notable activity in the betting market for AUDUSD at the level of 0.6800.

The gold price is expected to continue facing downward pressure following the ECB’s recent...

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The gold price is expected to continue facing downward pressure following the ECB's recent decision and in anticipation of upcoming US data, with XAUUSD trading at 1,928.99.

The EURGBP, trading at 0.85786, has moved up to nearly 0.8573 due to the...

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The EURGBP, trading at 0.85786, has moved up to nearly 0.8573 due to the ECB's anticipated interest rate increase of 25 bps to 4%, according to market participants.

According to Scotiabank, if GBPUSD increases above 1.2670, it could approach yesterday’s high of...

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According to Scotiabank, if GBPUSD increases above 1.2670, it could approach yesterday's high of just below 1.27.

EURJPY has reached a new high of 153.11, which is the highest it has...

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EURJPY has reached a new high of 153.11, which is the highest it has been in 14 months, just before the ECB's policy announcement.