ECB’s Nagel Says Oil Has Become a Key Inflation Gauge for Policy
Bundesbank President Joachim Nagel says oil has become a more important gauge for European Central Bank policy over the past…
Forex News
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USD/JPY consolidates in a pennant as traders await the breakout
USD/JPY is consolidating inside a pennant after a sharp rally from the September low, with the pair squeezed between converging…
USD/CAD buyers push to 1.4080 as rally tests key resistance
USD/CAD has climbed to 1.4080 today, a gain of approximately 320 pips since a September 8 low near 1.3760, as…
Euro Falls to Lowest Since July as Iran Optimism Fades
The euro dropped to its lowest level since July 29 as fading hopes for an Iran breakthrough drove traders toward…
Fed’s Collins Says She Backed Rate Hike, Warns of Elevated Inflation Risks
Boston Fed President Susan Collins says she backed last week's quarter-point rate hike, pointing to a rising chance that inflation…
