Market News

ECB hikes rates by 25bps while pledging that future decisions will make rates sufficiently restrictive. EURUSD heading toward the 1.1000 level...

A dovish interpretation of Jerome Powell’s FOMC statement on Wednesday sent gold spiking to a fresh all-time high before the precious metal retraced most of the move....

The Federal Reserve raised rates by 25 basis points as expected yesterday but the US hiking cycle may well be over. Next up the ECB....

AUD/USD is trading at a key inflection point as the Aussie dollar faces a weakening USD while risk aversion takes hold. Where to next?...

The US Dollar descended again today after the market perceived the Fed to have delivered a dovish hike in rates. Crude went into a tailspin while gold found new legs. Will USD break lower?...

The gold price jumped toward record highs today as the market deciphers the implications of the Fed rate decision, lower Treasury yields and a soft US Dollar. Where to for XAU/USD?...

The Dow Jones, S&P 500 and Nasdaq 100 plunged after the Fed rate decision, Powell’s press conference, and another troubled regional bank, PacWest, deteriorated sentiment. Where to?...

The Federal Reserve raised interest rates by 25 basis points to 5.0%-5.25% at the end of its May policy meeting, dropping language that it anticipates additional policy firming....

Oil prices extend losses from the previous session and fall to their lowest level since late March, dragged lower by growing economic headwinds, including the possibility of a U.S. recession....

The USD slid after the ISM services report exposed a large decline in the employment reading, setting the stage for the FOMC announcement later today....