Fed Chair Warsh Signals No Near-Term Rate Cuts as June CPI Runs 3.5% Higher
Kevin Warsh used his first congressional testimony as Federal Reserve Chairman to stress that the Committee has no tolerance for…
Forex News
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Bank of America finds limited statistical support for the summer carry trade
Bank of America analysts say the belief that carry trades perform particularly well during the summer has limited statistical support,…
Yen falls to four-decade low as Takaichi’s ¥370tn spending plan rattles markets
Japan's yen has fallen to 163 against the US dollar, a four-decade low, as investors recoil from Sanae Takaichi's ¥370tn…
EUR/USD holds above 1.1323 as bias stays neutral with a bearish tilt
EUR/USD spent last week consolidating above 1.1323, leaving the technical outlook unchanged. The near-term bias is neutral, but the picture…
USD/CAD stalls at 1.4115 as weekly bias turns neutral
USD/CAD failed to clear 1.4115 resistance after recovering from last week’s dip to 1.4002, leaving the initial weekly bias neutral….
