Fed Chair Jerome Powell emphasized that the central bank is not in a rush to initiate rate cuts, signaling a continued commitment to a restrictive monetary policy stance. Powell cited "unusually elevated" uncertainty surrounding the U.S. economic...
Broader market sentiment remains cautious as traders weigh the outlook for U.S. monetary policy. The Federal Reserve (Fed) kept interest rates steady in its latest meeting, but expectations are building that the central bank could lower borrowing...
Fibonacci Trading Tools in the Forex Market Fibonacci trading tools are among the most popular technical analysis tools used in the Forex market. These tools are based on the Fibonacci sequence—a mathematical series of numbers where each number is...
Governor Tiff Macklem revealed a shift in the central bank's rate-call approach, adjusting its forecasts to ensure more accurate economic predictions. This change is designed to help the BoC react more swiftly to economic shocks, particularly as the...
The Trump administration is reportedly preparing to engage in high-level talks with Russian officials in Saudi Arabia, aiming to negotiate a potential resolution to the war in Ukraine. Should these diplomatic efforts show signs of real progress,...