EUR/USD softens below 1.0950 as Fed rate decision looms – FXStreet

For Wednesday's Asian session, the EUR/USD edge is around 1.0935. The Fed is expected to leave interest rates unchanged and will update its rate forecast on Wednesday. German parliament approved plans for a massive spending surge on Tuesday. The EUR/USD pair weakened to nearly 1.0935 during Asian trading hours on Wednesday, putting pressure on a […]

Fed judge blocks Trump admin from banning trans people from military service

WASHINGTON – A federal judge blocked the enforcement of President Donald Trump's executive order Tuesday, banning transgender people from military service. US District Judge Ana Reyes in Washington, DC, found Trump's order to exclude transgender forces from military service likely violates their constitutional rights. Reyes blocked Trump's executive order from military service on Tuesday from […]

Steelers’ Cam Heyward is fed up with the Aaron Rodgers waiting game

Longtime Steelers star Cam Hayward doesn't want a part of the quarterback drama. He sent a message to Aaron Rodgers as the 41-year-old dragged out the NFL free agency decision. Hayward, 35 years old was asked His podcast: “It's not just football” If he goes to a dark retreat with Rogers to help him recruit […]

Fed likely to pause rate cuts with clouds gathering over the economy

The Federal Reserve is unlikely to cut interest rates this week despite growing concerns about the state of the US economy and the impact of President Trump's trade agenda. The market expects the Fed to maintain a moratorium on cuts. This is a move that takes the stimulus away after a significant loss of two […]

Trump nominates Fed Governor Michelle Bowman as vice chair for supervision

President Donald Trump is expected to nominate Federal Reserve Gov. Michelle Bowman as the top regulatory position at the central bank, where he will oversee the relaxed rule writing and bank oversight agenda. Bowman, a former community banker and frequently critic of enthusiastic banking regulations, resigned from his oversight post at the end of February, […]

Gold News: Fed Policy in Focus as XAU/USD Holds Above $3,000, Eyes New Highs – FX Empire

Daily Gold (Xau/USD)After temporarily surpassing $3,000 last week, Friday hit a record high of $3,005.04 before retreating. Metals are supported by the demand for safe havens, and traders are closely monitoring the Federal Reserve's policy stance. A break above $3,005.04 indicates a continuing uptrend, while a drop below $2,978.50 could confirm a short-term reversal, potentially […]