Fed’s Musalem in favour of more rate cuts
Bank of St Louis president Alberto Musalem says he supports more interest rate cuts as the US economy moves forward on a ...
Gold Slips as Expectations of Federal Reserve Rate Cut Fade
Gold held steady as traders weighed simmering Middle East tensions against a stronger-than-expected US jobs report that ...
Fed’s Logan supports 'gradual' rate reductions following initial cut
Dallas Fed president Lorie Logan said Wednesday she would support lowering rates more gradually as the central bank moves ...
Fed's Collins: More rate cuts 'likely will be needed' to preserve US economy
Boston Fed president Susan Collins said the central bank will likely need to cut interest rates further, the latest in a ...
Markets Project Smaller 2024 Interest Rate Cuts On Better Jobs News
With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.
Mexican Peso declines as markets eye inflation report
That undermined the Mexican Peso amid a scarce economic docket. Traders are eyeing the release of inflation figures on ...
EUR/USD Price Forecast: Next on the upside emerges 1.1000
On the upside, there is a provisional hurdle at the 55-day SMA at 1.1032, prior to the 2024 top of 1.1214 (September 25), followed by the 2023 peak of 1.1275 (July 18) and the 1.1300 round level.