U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened six pips to 7.1710 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System.
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies ...
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% ...
A crowded strong U.S. dollar trade is set to get more bunched up in coming months, with near one-third of currency ...
The greenback has been on a rampage since late September, soaring over 7% against a basket of major currencies and hammering ...
Currency investing is a well-established corner of institutional investing that has the potential to provide stable returns.
Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...
Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times.
Since the central bank’s policy rate influences interest rates throughout the economy, the 26% rate suggests that interest rates may not rise significantly, which could make loans more ...
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