US Dollar Continues Weakness as Federal Reserve Cuts Interest Rates
The US dollar weakened further heading into the end of the trading week as the Federal Reserve lowered interest rates at its final meeting of…
Posts Tagged: Jerome Powell
US Dollar Index (DXY) Rises on Investor Optimism Over Tariff Deals
The US dollar strengthened to close out the trading week as the greenback jumped on further developments in tariff negotiations. While the buck will register…
Gold Soars to Fresh All-Time High After Trump Demands ‘Major Loser’ Powell Lower Rates
Gold futures soared 3% to a fresh record high to kick off the trading week, traveling in the opposite direction of the broader market bloodbath….
USD/CAD Surges As Financial Markets Swim in Ocean of Calm After Week of Volatility
The US dollar strengthened against the loonie to finish the trading week, pausing the 0.7% rout that occurred this week. The greenback has struggled to…
Crude Oil Plunges on Surprise US Supply Build, Flat OPEC Forecasts
Crude oil futures slumped below $72 in the middle of the trading week after a third straight weekly build in US inventories. Oil prices have…
Federal Reserve Chair Powell Opens Door For Wall Street to Adopt Crypto
Crypto prices have recently received quite a few mixed signals from the US authorities, which is reflected in high volatility. Trump’s victory in the presidential…
Gold Slumps Despite Fed’s Jerome Powell Signals More Rate Cuts Ahead
Gold futures took a breather to kick off the trading week after notching another record high on Friday. Gold prices failed to take advantage of…
US Dollar Tanks After Fed’s Powell Says ‘Time Has Come for Policy To Adjust’
The US dollar tanked at the end of the trading week after Federal Reserve Chair Jerome Powell confirmed that interest rate cuts are ahead. While…