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Fed's Logan calls for Fed to modernize interest rate target system

Federal Reserve (Fed) Bank of Dallas President Lorie Logan stated on Thursday that the Fed needs to modernize how it approaches setting interest rates, acknowledging that the central bank may need to allow for more volatility in the underlying repo rate and noted that the Fed has overhauled its rate
New
update2025.09.26 02:57

Goolsbee says rates can come down, but pace depends on inflation

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee acknowledged that interest rates are currently in restrictive territory, implying there may be room to move lower soon.
New
update2025.09.26 01:54

USD/JPY rallies to seven-week high; focus shifts to US PCE and Tokyo CPI

The Japanese Yen (JPY) loses ground against the US Dollar (USD) on Thursday, with USD/JPY surging to its highest level in seven weeks.
New
update2025.09.26 01:29

GBP/JPY slips as UK fiscal concerns weigh, BoJ hike bets firm

The Pound Sterling losses ground versus the Japanese Yen on Thursday as the cross-pair reversed its course from around weekly highs of 200.34, weighed by investors growing concerns about Britain finances. The GBP/JPY trades at 199.72, down 0.27%.
New
update2025.09.26 00:26

United States FX Today: The US Dollar climbs as we approach crucial PCE inflation data

The US Dollar Index (DXY) is trading strongly on Thursday, awaiting data on the Personal Consumption Expenditures (PCE) Price Index, due on Friday at 12:30 GMT.
New
update2025.09.26 00:25

EUR/GBP rises to late-July highs amid UK fiscal strains and political uncertainty

The Euro (EUR) strengthens against the British Pound (GBP) on Thursday, with EUR/GBP trading around 0.8740 after briefly touching its highest level since July 28 earlier in the day.
New
update2025.09.25 23:53

Canada FX Today: The Canadian Dollar awaits a GDP lifeline as economic headwinds mount

The Canadian Dollar (CAD) remains under slight pressure on Thursday against the US Dollar (USD) as markets anticipate the release of July's monthly Canadian Gross Domestic Product (GDP) on Friday at 12:30 GMT.
New
update2025.09.25 23:35

GBP/USD falls to three-week low as strong US data boosts Dollar

The British Pound (GBP) loses ground against the US Dollar (USD) on Thursday, with GBP/USD slipping below the 1.3400 psychological mark as a wave of stronger-than-expected US economic data revives demand for the Greenback.
New
update2025.09.25 22:55

US real GDP expands 3.8% in Q2 vs. 3.3% expected

The United States' (US) Gross Domestic Product (GDP) expanded at an annual rate of 3.8% in the second quarter, the US Bureau of Economic Analysis' (BEA) final estimate showed on Thursday. This reading came in above the previous estimate and the market expectation of 3.3%.
New
update2025.09.25 22:25

EUR/USD slumps as US Dollar surges on strong US data, tests 1.1700

The Euro (EUR) extends its decline for the second day against the US Dollar (USD) on Thursday, weighed down by a string of upbeat US economic data that boosted the Greenback across the board.
New
update2025.09.25 22:07

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