Expert ECB Official Olli Rehn: Rate Cuts Foster Growth Key Insights from Olli Rehn Uncertainties highlight the need for up-to-date economic data. Decisions will be guided by the inflation outlook,
Renowned ECB Governing Council member, Bostjan Vasle, dropped a bombshell on Friday, stating unequivocally, "we are not committed to any predetermined rate path." This bold statement sent shockwaves through the
In a recent interview with Deutschlandfunk, ECB policymaker and Bundesbank President Joachim Nagel expressed positivity about the direction of core inflation, stating that it is moving in the right direction.
The USD/JPY pair continues its downward trajectory for the fourth consecutive day, hovering near the year-to-date low. The conflicting policy expectations between the Federal Reserve (Fed) and Bank of Japan
Canadian Dollar Struggles as Markets Anticipate Fed Rate Cut The Canadian Dollar (CAD) faced challenges on Thursday, sliding against major currencies amidst anticipation of a Fed rate cut next week.
As the Greenback weakened on Thursday, GBP/USD surged back above the 1.3100 level following a mid-week dip below 1.3000. The US Producer Price Index (PPI) inflation figures, although in line
EUR/USD saw a surge on Thursday, climbing above 1.1050 as the Greenback weakened in response to US Producer Price Index (PPI) data. Despite the lack of significant movement in the
The Dow Jones Industrial Average (DJIA) is facing resistance as it tries to surpass the 41,000 mark, with US Producer Price Index (PPI) inflation data hinting at a possible Fed
XAU/USD Hits Record High at $2,555.11: ECB Cuts Rates, US PPI Rises ECB reduces interest rates, stays data-dependent US Producer Price Index exceeds expectations in August XAU/USD maintains bullish strength,
As the world's leading investment manager, I bring you the latest updates on the financial markets. Today, the AUD/USD pair is facing challenges in gaining strength, even after the US