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Jobs Report Boosts Investors' Confidence in Rate Cuts This Year
The Wall Street Journal· 5 hours agoFriday's weaker-than-expected jobs report is pushing Wall Street to bet more aggressively that the...
US Dollar declines following Powell's presser
The Forex Market· 2 days agoJerome Powell pointed out that the progress on inflation stagnated but that it was on track to the 2% target. The US Dollar Index (DXY) tumbled to 105.45...
Why Bitcoin, Ethereum, and Dogecoin Surged Today
Motley Fool via Yahoo Finance· 21 hours agoReserve Chairman Jerome Powell. The market received a jolt from Powell's commentary in a press release; he suggested the direction of the next Fed move...
Fed’s Bowman Says Inflation to Remain Elevated for ‘Some Time’
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- Federal Reserve Governor Michelle Bowman said inflation will likely remain elevated...
Fed’s Powell keeps the door open for a July rate cut
Market Watch· 2 days agoIn March, the Federal Reserve signaled in its “dot plot” that most officials thought that three rate cuts would be appropriate this year. While the Fed...
Gold prices skyrocketed as Powell’s words boosted the yellow metal
The Forex Market· 2 days agoFed Chairman Jerome Powell emphasizes a cautious approach, stating rate cuts are off the table until...
EUR/USD Weekly Forecast: Optimism prevailed, hurting US Dollar demand
The Forex Market· 2 hours agoThe Nonfarm Payroll report showed that the labor market cooled in April. The Federal Reserve was...
U.S. Dollar Falls Amid Risk Appetite
RTT News· 11 hours agoFed's next monetary policy move could actually be an interest rate hike rather than a cut, but Fed Chair Jerome Powell post-meeting alleviated ...
Mexican Peso rises after Powell’s comments and Fed hold rates
The Forex Market· 2 days agoFed Chair Jerome Powell underscored a cautious, data-dependent approach to future monetary policy...
Bond Market Parties On as Jobs Data Revive Fed Rate-Cut Bets
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- The world’s biggest bond market is back in celebration mode after its worst month in...