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Fundamental News

HOME / FUNDAMENTAL NEWS
Kashkari from the Fed: Interest Rates Should Stay High May 16 2024    
Neel Kashkari emphasized that interest rates should remain elevated while policymakers closely monitor future inflation trends.
US Dollar Tumbles on Disappointing US Inflation Data May 16 2024    
The release of CPI inflation data has heightened expectations of a Fed interest rate cut in September, causing the US dollar to plummet.
AUD/USD Rises on Rumors of Chinese Property Rescue Package May 15 2024    
The AUDUSD is on the rise amid speculation about a potential rescue package for China's property market, but the rally could falter if the news proves to be false.
US Dollar Plummets as Market Awaits CPI Data Release May 15 2024    
The majority of analysts expect the Consumer Price Index (CPI) to increase by just 0.3 percent in April 2024, a slowdown from the previous 0.4 percent.
GBP/USD Sees Limited Gains Post UK Employment Data Release May 14 2024    
The Pound Sterling has strengthened against various currencies, but experts caution against overemphasizing today's UK employment data.
Dollar Strengthens Despite Rise in US Unemployment Claims May 10 2024    
Despite an increase in US unemployment claims, the US dollar remains resilient due to expectations of the Federal Reserve maintaining high interest rates.
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Efforts to Rebound USD/JPY Hindered by Japan's Hawkish Stance May 9 2024    
The Bank of Japan's (BoJ) opinions suggest that many key members are advocating for a hike in Japanese interest rates, foreseeing a sustained or even surpassing inflation target.
GBP/USD Slides Amid Pre-BoE Meeting Jitters May 8 2024    
The British Pound is facing downward pressure as many anticipate the BoE signaling a rate cut in its upcoming central bank meeting announcement.
After Intervention, USD/JPY Rises Again May 7 2024    
Given the significant interest rate gap between Japan and the United States, the yen remains a favored currency for carry trades.
AUD/USD Unable to Reach 0.6650 Due to This Event May 7 2024    
The Reserve Bank of Australia acknowledges greater challenges in reducing inflation but refrains from further interest rate hikes.
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