Blogs

United States Fed Interest Rate Decision in line with expectations (5.5%)

In Wednesday's trading session, the AUD/JPY fell to 96.50 after a strong 0.95% decline.

The GBP/JPY plunged sharply during the North American session, down by more than 0.60% as market participants shifted risk-averse ahead of the US Federal Reserve’s (Fed) monetary policy decision.

The GBP/USD edges higher during the North American session on Wednesday after softer-than-expected economic data from the United States (US) could prompt the US Federal Reserve (Fed) to cut rates.

European equities saw some weakness on Wednesday with Germany’s DAX index declining four-tenths of a percent after German Consumer Price Index (CPI) inflation missed forecasts, and rising costs associated with developing AI-based hardware and software products irks investors who aren’t seeing as much gain in revenues as hoped for on the back of ris

Russia Industrial Output came in at 2.7% below forecasts (5.1%) in December

The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, February 1 at 12:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of nine major banks.

The US Dollar (USD) is facing its first main event of 2024 with the US Federal Reserve rate decision for January. All eyes will be on the Federal Reserve Chairman Jerome Powell and what he will deliver to the markets. Although no rate changes are

United States EIA Crude Oil Stocks Change came in at 1.234M, above expectations (-0.217M) in January 26

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