Author: Admin
US President Donald Trump said he was ready for a legal fight with Federal Reserve (Fed) Governor Lisa Cook after he moved to oust her from her post following allegations that she falsified mortgage documents, Bloomberg reported late Tuesday. Trump spoke at a Cabinet meeting on Tuesday, saying that he was also prepared to abide by any court decision but indicated he was not concerned about Cook’s challenge.Market reactionAt the time of press, the US Dollar Index (DXY) was up 0.03% on the day at 98.25. Fed FAQs Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has…
Sending kids back to school with PB&J lunches costs 6% more this year. How tariffs and SNAP cuts factor in.
Mastering Retracements in Trading: A Practical Guide Mastering Retracements in Leverage Trading Retracements are one of the most powerful tools in technical analysis, and understanding how they work can significantly improve your trading results. In this article, we’ll break down why retracements work and how to trade them effectively using a common-sense approach. Why Do Retracements Work in Trading? Retracement levels are widely used by traders to identify potential reversal or continuation points within a trend. Most traders rely on Fibonacci retracement levels such as 38.2%, 50%, and 61.8%. These levels aren’t magical or based on some supernatural force. they…
The action could cause investors to question the independence of the U.S. central bank and face legal obstacles.
Gold price edges lower in Monday’s early European session. Fed rate cut hopes and rising Russia-Ukraine tensions could lift the Gold price. Traders brace for the preliminary reading of the US Q2 GDP report later on Thursday. The Gold price (XAU/USD) drifts lower to around $3,350 during the early European session on Monday, pressured by a stronger US Dollar (USD). Nonetheless, rising optimism of a September rate cut following comments by Federal Reserve (Fed) Chair Jerome Powell at the Jackson Hole symposium might cap the downside for the yellow metal. The Fed’s Powell has opened the door to a rate reduction in the September…
U.S. stock-market futures declined Sunday, after stocks rallied Friday on fresh hopes of a September rate cut by the Fed.
Newsquawk Week Ahead Highlights : 25th-29th August 2025 – Forex Trading Forum “> “>
“I had to hunt high and low to have them sell my Tesla stock because it was tanking.”
EUR/USD rallies nearly 1% as Powell signaled policy flexibility and acknowledged downside risks in the US labor market.Traders boosted odds of a 25 bps Fed cut in September to 90%, up sharply from 72% on Thursday.Outcome hinges on Core PCE, CPI, and Nonfarm Payrolls before September, with risks skewed toward inflationary pressures.EUR/USD skyrockets during the North American session after Federal Reserve (Fed) Chairman Jerome Powell leaned dovish at his Jackson Hole speech, opening the door for a resumption of the easing cycle. The pair trades at 1.1718, up by 0.97%.Market participants began to price in a Fed rate cut in…
Small-cap stocks look primed for their big moment. But we’ve been here before.