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Tag: taming inflation

Australian Dollar gathers strength as RBA tone leans hawkish

The Australian Dollar (AUD) extends its gains in Thursday’s Asian session.  RBA's hawkish hold and reduced bets on Fed rate cut back the pair’s upleg.  The...

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Federal Reserve Admits Blindsided Oversight of SVB Collapse

The recent collapse of Silicon Valley Bank (SVB) has prompted an internal investigation by the Federal Reserve to look into the failure of the...

The Week Ahead – Cracked walls

USDCHF consolidates ahead of Fed response The US dollar whipsaws as traders reprice rate hikes amid financial...

GBP/USD Outlook: Bearish Despite Upbeat UK January Sales

The Fed still has work to do in taming inflation. Fed officials’ hawkish remarks have supported the US dollar. It is widely anticipated...

Euro gains ground, German CPI inches upwards

The euro has posted strong gains on Thursday. EUR/USD is trading at 1.0749, up 0.57%. German CPI ticks higher German inflation came in at 8.7%...

Markets: Bitcoin, Ether slip; Cardano extends gains

Bitcoin and Ether dipped in Friday afternoon trading in Asia, with nearly all other top 10 non-stablecoin cryptocurrencies slipping. Dogecoin was the biggest loser,...

Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation

The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the...

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