ECB Raises Rates to 2.5%, but Euro Stays in the Fed’s Shadow
The ECB raised its deposit rate to 2.5% and lifted its inflation and growth outlook, yet EUR/USD found little support…
Forex News
Latest forex market news — EUR/USD, GBP/USD, USD/JPY and all major currency pairs. Central bank decisions, interest rates and global FX analysis updated continuously.
Euro zone bond yields hit multi-year highs as ECB hikes rates and Brent crude tops $109
Euro zone government bond yields are on track for their worst weekly performance since March, extending a five-week decline after…
UK economy grows 0.4% in July, beating forecasts for no growth
Britain's economy grew 0.4% in July, beating economists' forecast of no growth, the Office for National Statistics reported. Services led…
AUD/USD tumbles as gold and copper break key support levels
AUD/USD, gold and copper all broke key technical support on the same day, with copper futures sliding more than 5%…
Druckenmiller Says Fed Rates Too Low as Treasury Yields Near 5%
Stanley Druckenmiller told Wall Street investors that US interest rates remain too low and dismissed Federal Reserve officials who call…
