Aisha Amajida

The US Manufacturing PMI accelerated from 47.8 to 50.3 in March 2024. All sub-indices rose, reflecting the resilience of the US economy.

Last week's PCE data reinforced expectations of a Fed rate cut. But the US dollar stabilized amid the Easter holiday and market anticipation ahead of the Nonfarm Payroll release.

The release of US Core PCE inflation data and Fed Chair Jerome Powell's speech tomorrow may unexpectedly affect the US dollar rate.

Seasonal trends reveal the potential for Pound Sterling strength in two popular currency pairs in next month's trading.

From the central bank statements to retail sales data, here are the most important UK economic events for currency traders, along with their impacts and chart examples.

The specter of Japanese intervention looms over USD/JPY below the 152.00 threshold, putting the rally on hold.

Yesterday's SNB announcement triggered a massive sell-off of the Swiss Franc and boosted the US Dollar's prestige.

The Bank of England is increasingly likely to cut interest rates in the next few months. In addition, some other pieces of news negatively impacted Pound Sterling.

Switzerland started cutting interest rates three months earlier than the market had previously expected. The impact boosted USD/CHF and dragged down several other currencies.

Wall Street cheered the FOMC announcement and Fed Chair Jerome Powell's press conference this morning. But the US dollar exchange rate fell.