Forex

An action-packed day in financial markets saw a strong reaction to the May CPI report and a slow digestion of rhetoric from the June FOMC meeting. Learn what the Fed had to say and why markets may not believe them.

2024-06-13T16:17:37+0100

Anticipate no change in rates at the June Fed meeting, with interest rates held at 5.25 - 5.5%. Key CPI data, also due, could influence future decisions, especially with inflation still above the Fed's 2% target.

2024-06-11T15:48:52+0100

The euro has been hit hard to start the week as President Macron announced a snap election, sparking concerns and volatility across European markets.

2024-06-11T15:47:12+0100

The latest US Jobs Report shows a surge in NFP numbers, leading to a downturn in gold prices and a rise in the USD. Find out what this means for interest rates ahead of the Fed's June decision.

2024-06-07T20:43:38+0100

Anticipation grows for the May jobs report with 185k jobs expected amid slowing employment trends. Insights from this report could significantly shape Fed rate decisions and influence US dollar prices.

2024-06-05T23:41:01+0100

Following Mexico's pivotal election, the peso saw a sharp 4% drop as markets reacted to the prospect of a new administration and potential reforms. The currency's future direction may hinge upon coming policy decisions.

2024-06-03T22:53:52+0100

Following the release of the lowest GDP growth rate since 2022 at 1.3%, the S&P 500 and the US dollar declined, signaling investor worries ahead of key inflation data.

2024-05-30T20:50:26+0100

Amidst rising Treasury yields and a strengthening USD, market speculation grows on potential Fed rate hikes. As traders monitor upcoming FOMC signals and inflation data, forex markets remain poised for potential shifts.

2024-05-30T16:52:16+0100