EUR/USD drops under 1.2000 as Fed’s decision and Powell’s comments support the Dollar
The EUR/USD pair dropped over 0.60%, falling below the 1.2000 level on Wednesday, as the US Federal Reserve decided to keep interest rates unchanged. During this time, Fed Chair Jerome Powell chose not to address political questions and maintained a neutral stance regarding monetary policy. Currently, the exchange rate sits at 1.1955. Euro declines as […]
US Dollar drops to 2022 lows as ‘Sell America’ trend grows ahead of Fed’s decision
Here’s what you need to know on Wednesday, January 28th. The market sentiment continues to echo a “Let’s sell America” theme. On Tuesday, the U.S. dollar index (DXY) dipped to its lowest point since February 2022 as investors took a cautious stance ahead of the Federal Reserve’s monetary policy decisions slated for Wednesday. Currently, the […]
After the Supreme Court discussions, Fed’s Lisa Cook reaffirms her support for the role.
Federal Reserve President Addresses Trump’s Push for Removal On Wednesday, Federal Reserve President Lisa Cook asserted the significance of her position amid President Donald Trump’s ongoing campaign to oust her. She stressed the need for the Federal Reserve to remain free from political influence. “Both research and experience indicate that the independence of the Federal […]
EUR/USD falls under 1.1650 as robust US data supports Fed’s steady stance
EUR/USD Trends Downward Amid Strong Dollar The EUR/USD pair continued its downward trend for the third straight session, trading at approximately 1.1640 during Asian hours on Thursday. This decline can be attributed to the strengthening of the U.S. dollar, boosted by better-than-expected results in the producer price index (PPI) and retail sales. Additionally, a decrease […]
Australian Dollar falls as US Dollar strengthens with Fed’s neutral position
The Australian dollar (AUD) continued its downward trend against the US dollar (USD) on Wednesday, marking its fifth consecutive day of decline. Still, there’s some speculation in the market that a potential interest rate hike from the Reserve Bank of Australia (RBA) could offer some support for the AUD, especially with discussions about a raise […]
EUR/USD stays around 1.1750 as weak US jobs support Fed’s easing stance.
The EUR/USD pair is stable around 1.1750, showing little change, as recent US employment figures suggest the Federal Reserve might continue its easing approach into next year. Currently, the pair has a minor decrease of 0.04%. Euro stays flat while US dollar remains steady following US employment news indicating a slowing labor market. Latest U.S. […]
The Fed’s December Rate Cut Could Surprise Social Security Retirees with a COLA Adjustment
The Federal Reserve reduced interest rates by 0.25% in December 2025, with a 9-3 vote, indicating that further cuts might not be immediate. Initial estimates suggest that Social Security cost-of-living adjustments (COLAs) in 2027 could range between 2.3% and 2.6%. A 2.3% COLA would mark the smallest increase since 2020. If you’re contemplating retirement or […]
Bitcoin Experiences Less Selling Pressure Following Fed’s FOMC Meeting Decision to Cut Rates
Market Pressures on Bitcoin The current situation in the Bitcoin market indicates a decline in foreign currency deposits, largely due to significant investors and short-term holders realizing losses. Right now, the Bitcoin market is feeling the heat after a stretch of heavy selling by investors. This selling wave has put downward pressure on prices, which […]
Dollar struggles with its third weekly drop as investors consider the Fed’s future direction.
US Dollar Declines as Euro and Pound Rise The US dollar appears set for a third consecutive week of losses, as the euro and pound reached their highest values since October. This shift follows the Federal Reserve’s latest actions, which contradicted market expectations for rate cuts in the coming year. Recently, the pound trading at […]
Dollar struggles with a third consecutive weekly drop as investors consider the Fed’s future direction.
Euro and Pound Strengthen as Dollar Weakens SINGAPORE – The U.S. dollar appears set for a third consecutive week of losses, with the euro and pound reaching their highest levels since October. This shift is largely attributed to the recent indications of potential interest rate cuts next year, which have put pressure on the dollar […]