Fed's Musalem pushes caution on further reducing interest rates
Last month’s decision to cut rates was a “close call” The economic outlook now is much different from when the Fed started cutting rates last...
Tag : pushes
USDCAD pushes back higher after dip to the 100/200 hour MAs stalls
The USDCAD moved lower during the Asia-Pacific session, breaking below the 100-hour and 200-hour moving averages, which are positioned between 1.4389 and 1.4386. The decline...
GBP/USD Outlook: Roaring Dollar Pushes Pound to Fresh Lows
The pound collapsed on Thursday, losing about 1.16% of its value. Markets expect only 45-bps of rate cuts in the US this year. The Bank...
USD/CNY pushes above 7.30 for the first time since late 2023
With Trump continuing to threaten tariffs, one can reasonably expect the yuan to be China’s first line of defense against that. From last month: Is...
EURUSD sellers pushes to the downside ahead of the FOMC rate decision
The EURUSD is moving to a new low on the day and in the process is moving away from the 200 hour MA and the...