Flash US S&P Global Manufacturing PMI came in at 52 in September
[ad_1] US business activity lost momentum in September, according to the flash reading of S&P Global’s Composite PMI, which ticked…
Category: Forex News
BoC’s Tiff Macklem warns of risks to Canada, weakening US Dollar
[ad_1] Bank of Canada (BoC) Governor Tiff Macklem noted on Monday that Canada will need to continue charting a “more…
Australian Dollar ahead of August CPI release
[ad_1] The Australian Dollar (AUD) is moving cautiously on Tuesday, as markets await the release of the monthly Consumer Price…
If policy is not in the right place, we’ll move it there
[ad_1] US Federal Reserve (Fed) Chair Jerome Powell said that tariff increases will likely show up as somewhat higher inflation,…
I would be open to using an inflation target range
[ad_1] Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday he could eventually support shifting the central bank’s…
EUR/USD steady as PMI data shows slowdown, Powell speech in focus
[ad_1] EUR/USD steady on Tuesday after PMI releases showed slowing momentum on both sides of the Atlantic. US S&P Global…
Japanese Yen steady ahead of BoJ Minutes
[ad_1] Ahead of the Bank of Japan’s (BoJ) eagerly-awaited Minutes, due to be published on Wednesday at 23:50 GMT, the…
Gold consolidates below record highs as markets await Powell’s speech
[ad_1] Gold extends its record run, hitting a fresh all-time high of $3,791 on Tuesday. Fed officials struck a cautious…
Indian Rupee declines on US H-1B visa fees overhaul, upbeat US Dollar
[ad_1] The Indian Rupee declines to near 88.50 against the US Dollar following the US announcement of a one-time fee…
Fed’s Hammack warns that inflation will probably rise further
[ad_1] Federal Reserve (Fed) Bank of Cleveland President Beth Hammack warned on Monday that inflation pressures will likely persist for…