Yen weakens as BOJ rate hike fails to shake intervention risk
The yen weakened on Monday after the Bank of Japan's rate hike failed to convince investors of a genuinely hawkish…
Forex News
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Euro finds its footing as dollar rally stalls on Fed-ECB reassessment
The dollar pulled back late last week as traders reassessed Fed rate-hike prospects, with the Fed not outpacing the ECB's…
Fed’s Goolsbee Warns Strong Demand May Be Adding to US Inflation, Hardening Rate Outlook
Chicago Fed President Austan Goolsbee said strong demand, not just supply shocks, may now be adding to US inflation. He…
Dollar Rises on Expectations of Further Fed Rate Hikes
The dollar rose against major peers on prospects for further Federal Reserve tightening, after the central bank unanimously raised rates…
GBPUSD tests key support as Fed and Bank of England diverge on rates
The Federal Reserve raised rates to 3.75–4.00% while the Bank of England held its rate at 3.75%, opening a policy…
