Category: Trading
Summary of the BoC event: Economic resilience and data-...
As widely anticipated, the Bank of Canada (BoC) kept its benchmark interest rate at 2.25% at its event on Wednesday.
BoC Governor Macklem: We still think growth will be mod...
Governor Tiff Macklem took questions from reporters, offering more detail on the central bank’s thinking. His remarks followed a w...
Gold steadies as Fed verdict looms
Gold (XAU/USD) holds firm on Wednesday, with price action contained inside the recent consolidation zone as markets brace for the ...
Pound Sterling Price News: GBP/USD firms as dovish repr...
The Pound Sterling (GBP) advances during the North American session on Wednesday as the US Dollar (USD) weakens on the expectation...
WTI steadies ahead of Fed decision after EIA reports 1....
West Texas Intermediate (WTI) Crude Oil steadies on Wednesday, trimming part of its earlier losses as traders react to the latest ...
United States Monthly Budget Statement registered at $-...
United States Monthly Budget Statement registered at $-173B above expectations ($-205B) in November
WH Economic Adviser Hassett: Stronger data could suppor...
White House Economic Adviser Kevin Hassett stated that the Federal Reserve (Fed) has plenty of room to cut rates this month and wi...
United States Fed Interest Rate Decision meets forecast...
United States Fed Interest Rate Decision meets forecasts (3.75%)
Gold jumps after Fed rate cut, extends gains on dovish ...
Gold (XAU/USD) prices rise on Wednesday after the Federal Reserve (Fed) decided to cut rates, as expected. At the time of writing,...
GBP/USD surges after Fed rate cut, traders focus on Pow...
GBP/USD climbs on Wednesday after the Federal Reserve (Fed) decided to cut rates, as expected, on a 9-3 vote split, which witnesse...
EUR/USD roils as Fed delivers caution-laden interest ra...
EUR/USD caught a volatile bullish swing on Wednesday after the Federal Reserve (Fed) delivered a third straight interest rate cut.
US Dollar Index whipsaws as markets grapple with a slow...
The US Dollar Index (DXY) tumbled to fresh intraday lows on Wednesday after the Federal Reserve (Fed) delivered a widely anticipat...
