Investors now look to the release of the US CPI report for a fresh directional impetus.
Euro US Dollar, US Dollar Canadian Dollar, Gold Spot US Dollar, US Dollar Index Futures. Read Octa's latest article on Investing.com ...
In addition, Boston Fed President Susan Collins remarked that rate cuts should be careful and data-driven. Meanwhile, U.S. rate futures have priced in an 86.7% chance of a 25 basis point rate cut and ...
The USD/CAD pair trades with mild gains to around 1.3710 despite the stronger US Dollar (USD) during the early Asian session on Thursday. The rising bets of 25 basis points (bps) by the US Federal ...
Federal Reserve Bank of Boston President Susan Collins said it was “prudent” for officials to lower rates by a half ...
The U.S. economy distinguished itself in 2023 and 2024, achieving growth rates of 2.5%–3%, while DM peers largely stagnated ...
Euro weakens to two-month low, Gold weakens as DXY climbs. Market braces for CPI data, with Fed’s next move still uncertain ...
Dallas Fed president Lorie Logan said Wednesday she backed the Fed’s decision to slash interest rates by a half percentage point in September, but that she would support lowering rates more gradually ...
Collins said that while core inflation pressures remain elevated, she is increasingly confident inflation is moving back to ...
Gold Finds Support Despite Strong Dollar. The recent surge in gold prices comes against the backdrop of escalating tensions ...
The benchmark 10-year Treasury yield was holding above 4% on Wednesday. That's near a two-month high following stronger-than-expected jobs data last week that pointed to a U.S. economy in decent ...
Traders were pricing in a roughly 88% chance of a 25-basis-point rate cut at the Fed's next decision day on Nov. 7, with the odds of no change hovering near 11%, according to the CME's FedWatch tool ...