Financial Market News

The latest breaking news on financial markets, Forex industry news from the most reputable news sources around the world.

Average Inflation Targeting From the Fed

Average Inflation Targeting From the Fed

The Federal Reserve of the United States (Fed) delivered the much-awaited monetary policy review report at the Jackson Hole Symposium. Last Thursday, Jerome Powell announced that the Fed is changing its price stability part of the mandate. The switch from targeting 2% inflation to targeting an ...

U.S. Stock Market Drives the FX Price Action

U.S. Stock Market Drives the FX Price Action

The USD keeps falling across the dashboard as the stock market’s bid tone continues. With both the Dow Jones and the S&P500 close to making new all-time highs, the USD’s offered tone is likely to continue this week. Summer trading conditions are often responsible for such tight ...

What to Make of Last Week’s USD Economic Data

What to Make of Last Week’s USD Economic Data

Last week it was all about the USD. As always, the first trading week of any month focuses on the Non-Farm Payrolls (NFP) released on Friday. This week was no different. Up to the NFP numbers, a series of other relevant data for the U.S. economy offered a glimpse into the NFP report. As always, ...

Gold Bullish Momentum Poised to Continue

Gold Bullish Momentum Poised to Continue

Gold is on every investor’s mind these days – it closed the week above $1900, a tremendous milestone for the only form of money that survived for thousands of years. Investors owning gold as a long-term investment or only as a mean to diversify their portfolio feel vindicated. Gold ...

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