The US central bank must move “expeditiously” to bring too-high inflation to heel, Federal Reserve Chair Jerome…
Category: TREASURY/FX
TRADERS WATCHING FOR 3 MAJOR EVENTS COVERING US$3.5 TRILLION
Wall Street traders are bracing for fresh equity-market fireworks Friday after another week of global turbulence.In…
EURO JUMS AS RUSSIA SEES GLIMMER OF HOPE FOR COMPROMISE WITH UKRAINE
The euro jumped today and was set for its third consecutive daily gains versus the dollar…
US FED RAISES RATES FOR THE FIRST TIME SINCE 2018
Fed raises rates by a quarter percentage point from near zero as central bank struggles with…
YUAN SPIKES AFTER SAUDIS REVIEW THE USE OF RMB FOR OIL
The outbreak of the Ukraine war and the swath of sanctions imposed on Russia as a…
YEN SLIPS TO 5-YR LOW AS RATES RISE
The dollar hit a five-year high against the yen today, as traders braced for the US…
MALAYSIA KEEPS RATE LOW AT RECORD-LOW, WARNS OF GLOBAL RISKS
Malaysia kept its benchmark interest rate at a record low to support its nascent recovery, though…
SPECULATIVE TRADING & ALGORITHMS ARE DRIVING UP ENERGY PRICES
This week, White House diplomacy has been focused on Ukraine and the threat of war. Yet…
£ GAINS VERSUS EUR WITH ECB RATE VIEW
The pound gained versus the euro for a second consecutive day, pulling back from a 1-1/2…
ASIAN CURRENCIES TO WEAKEN AS USD RISES FROM US JOBS SURPRISE
The US dollar advanced from two-week lows on Friday after data showed the world’s largest economy…