Fed’s preferred inflation gauge stays above target, delaying rate cuts
The Federal Reserve's preferred inflation gauge is projected at 2.3% for 2026, still above the central bank's 2% target. The…
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Korean Won Rallies as Kospi Crash Reverses Earlier Outflows
The Korean won has jumped 9% against the dollar since the start of July, making it one of the world's…
Dollar Index nears breakdown level as Fed hike odds shrink
Fed funds futures now show a 66.9% chance the Federal Reserve holds rates at 3.50-3.75% on September 16, down sharply…
UK GDP Growth Slows to 0.4% in Q2 2026 as Services Lead Expansion
UK real GDP grew 0.4% quarter-on-quarter in Q2 2026, down from 0.6% in Q1, according to the Office for National…
Dollar falls broadly as EUR/USD gains after weak U.S. retail sales
The dollar weakened against every major currency on Friday after a surprise drop in U.S. retail sales, with EUR/USD among…
