President Trump remains hopeful despite SCOTUS overturning tariffs.
Trump Responds to Supreme Court’s Tariff Ruling Shortly after the Supreme Court’s decision on President Trump’s tariffs under the International Emergency Economic Powers Act, he took to Truth Social to share his thoughts. While the ruling didn’t go his way, his reaction was surprisingly optimistic. On Friday afternoon, Trump posted a message that conveyed an […]
As the US economy significantly slows down, the Fed’s favored measure of inflation remains high, probably delaying interest rate cuts.
U.S. Economic Growth Slows as Inflation Concerns Rise The latest economic report suggests a notable deceleration in U.S. economic growth, raising questions about the Federal Reserve’s ability to implement further interest rate cuts. On Friday, new data from the Commerce Department revealed that gross domestic product (GDP) increased at an annualized rate of just 1.4% […]
Central bank indicates potential interest rate increases if inflation remains high above target
Federal Reserve’s Interest Rate Decision and Economic Outlook John Wronsky from the Wronsky Group has been analyzing recent developments concerning the Federal Reserve’s interest rate strategy, including President Donald Trump’s anticipated economic address and his proposition to cap credit card interest rates for Bernie & Company. In a largely unified decision, Federal Reserve policymakers opted […]
USD/JPY Price Outlook: Remains steady at important support around 152.00
On Wednesday during European trading, the USD/JPY pair saw a slight increase of 0.27%, hovering around 153.70. The Japanese yen has gained strength, even as it lags behind major currencies. This shift comes amid expectations that Prime Minister Sanae Takaichi will unveil significant spending initiatives in the upcoming fiscal budget aimed at stimulating economic growth. […]
Tiger Woods remains hopeful about the Masters after recent back surgery.
Tiger Woods Eyes Masters Return Amid Ongoing Recovery In just a couple of months, Tiger Woods might be back at Augusta National. Although he missed a major tournament last year, he hasn’t ruled out the possibility of returning to the Masters. When asked by reporters if he might play this April, Woods simply replied “no,” […]
Forex Today: US Dollar remains steady as markets anticipate FOMC Minutes, UK CPI, and US PCE
Here’s what you need to know on Tuesday, February 17th. On Monday, most major currency pairs showed little change, as US stock and bond markets were shut for President’s Day. In the coming days, the economic landscape might get a bit more intense, with crucial reports on jobs and inflation in the UK, along with […]
Yen declines following weak growth data; dollar remains stable
This illustration shows yen and dollar bills for March 2023. The yen fell today, reversing some of last week’s strong gains on weak growth data, while the dollar firmed as recent inflation data confirmed the Federal Reserve’s view that it will cut interest rates this year. LONDON >> Today, the yen weakened due to disappointing […]
Crypto Traders Shift Focus to Certain Altcoins as Bitcoin Remains Steady
Simply put Even though Bitcoin has been relatively stable, altcoins like Bittensor, Zcash, and Pepe have surprisingly risen by double digits in the past week. In 2026, five liquidation events eliminated over $1 billion in positions. As per CME FedWatch, the PCE data from February 20 will influence the Federal Reserve’s interest rate decisions in […]
NZDUSD remains in a narrow range before the RBNZ decision: traders anticipate no changes to the OCR
Basic overview USD: Last week, the much-anticipated US NFP report was released alongside somewhat disappointing US CPI figures. This led to heightened market speculation around a potential rate cut, with estimates suggesting around 62 basis points of easing could occur by year-end. Yet, the data doesn’t firmly indicate this direction; we really need more information […]
EUR/USD remains stable, unaffected by disappointing Eurozone manufacturing figures
On Monday, the euro (EUR) was nearly unchanged against the US dollar (USD), trading at around 1.1865. The factory output figures from the Eurozone for December reflected expectations of a significant drop, yet the currency pair didn’t see much movement, likely due to lower trading volumes. Data from Destatis revealed that Eurozone industrial production dipped […]