Interest rates news

CB Consumer Confidence decreases to 107.1 (vs est 109) - higher interest rates weigh on the business confidence and the short-term employment outlook.

The GBP/USD exchange rate put a siege to six-month highs in recent trading, but uncertainty over this week's interest rate decisions and US economic data could prevent further recovery in the coming days.

The euro has been slightly positive during the trading session on Monday, as we continue to wait on the FOMC meeting on Wednesday.

US Treasury yields are inching higher ahead of Wednesday’s FOMC rate decision and this is weighing on the price of gold

GBP/USD struggled to hold above the 1.24000 level as the DXY found some buyers ahead of the FOMC meeting. Could the central banks inspire a breakout after 10 days of rangebound trading?

IMF Sees G7 Growth Except UK in 2023; Markets Quiet Ahead of FOMC Wednesday; US Dollar Strengthens.

A week of heavy event risk has started with some tentatively provocative moves from the major corners of the market. The S&P 500 and Nasdaq 100 reversed lower after last week’s extensions suggested bulls were in control. Meanwhile, the Dollar is probing a break from an extremely tight range. The activity can be enticing, but be wary…

GBP/USD tried to rally after the US Federal Reserve eased its preferred inflation gauge again, but sterling found plenty of willing sellers as the market continued to favor the US currency ahead of this week's interest rate decisions.

The British Pound has enjoyed plenty of interest rate support despite the shakiness of its home economy. Can it hope for more this week?

The USD/JPY price remained in a consolidation phase in the past few days ahead of the upcoming Federal Reserve interest rate decision.

Though it may not seem the case, the Dollar and S&P 500 have been in the same position through the end of this week: indecisive with a clear lack of core speculative conviction. The DXY’s extreme range and SPX choppy climb will face serious volatility with a heavy docket this week, but can they find a clear trend?

GBP/USD has attempted to trade above the 1.2445 level on a number of occasions now without success and has consolidated into a narrow range. FOMC and BoE next week

Yesterday’s decision by the Bank of Canada’s Governing Council is a clear sign that its high-interest rate rise policy could be reversed later this year.

Risk trends continue to exhibit anxiety amid chop that fully undermining major technical levels. Meanwhile, the Dollar has been remarkably stoic with a 9-day range that rivals the year-end holiday trade. Will the forthcoming US GDP and PCE readings earn a breakout? What’s more, could a break turn to a trend with FOMC and NFPs on deck next week?