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…
Forex News
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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…
Euro Zone Yields Ease as Markets Await ECB’s Lagarde Speech
Euro zone government bond yields eased on Monday as falling crude oil prices and a political setback for Germany's ruling…
AUD/NZD Nears 1.25 as Australia’s Big Four Banks Align on a September RBA Hike
Australia's Big Four banks now all expect the Reserve Bank of Australia to raise its cash rate to 4.60% in…
Fed’s neutral rate estimate rises to 3.25% as economists debate growth versus debt
Economists are raising their estimates of the neutral interest rate, the level that neither restricts nor stimulates growth. The Federal…
