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USD/CHF tumbles as Powell's Jackson Hole remarks trigger US Dollar selloff

The Swiss Franc (CHF) surges against the US Dollar (USD) on Friday after Federal Reserve (Fed) Chair Jerome Powell's remarks at the Jackson Hole Symposium triggered a broad-based Greenback selloff.
New
update2025.08.23 03:31

NZD/USD rebounds from four-month low as Powell's Jackson Hole remarks sink US Dollar

The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on Friday, with NZD/USD rebounding from its lowest level since April 11 as traders reacted to Federal Reserve (Fed) Chair Jerome Powell's cautious remarks at the Jackson Hole Economic Symposium.
New
update2025.08.23 00:37

USD/CAD slides as Powell turns dovish, Canadian Retail Sales beat

The USD/CAD tumbles over 0.49% during the North American session as the Fed Chair Jerome Powell leans dovish and strong Canadian Retail Sales, boosted the Loonie. At the time of writing, the pair trades at 1.3835 after hitting a daily high of 1.3924.
New
update2025.08.23 00:21

USD/JPY retreats from three-week high as Powell's remarks amplify September rate cut bets

The Japanese Yen (JPY) advanced strongly against the US Dollar (USD) on Friday, with USD/JPY retreating from an intraday high of 148.78 to trade near 146.66, down almost 1% on the day.
New
update2025.08.23 00:05

EUR/USD jumps above 1.1700 on Powell's dovish words

The US Dollar (USD) collapsed as Federal Reserve (Fed) Chair Jerome Powell delivered his speech at a Jackson Hole Symposium, with EUR/USD peaking at 1.1707, up roughly 100 pips in the last few minutes.
New
update2025.08.22 23:47

GBP/USD jumps past 1.3500 as Powell leans dovish

The GBP/USD rallies as the Fed Chair Jerome Powell takes the stand at the Jackson Hole Symposium. At the time of writing, the pair trades above 1.3500 after Powell hints that the Fed might be ready to resume its easing cycle.
New
update2025.08.22 23:46

Silver extends rally as Powell's Jackson Hole remarks boost Fed cut bets

Silver (XAG/USD) rallies sharply on Friday, rebounding from an intraday low of $37.70 to trade near $38.70, up around 1.40% on the day.
New
update2025.08.22 23:40

AUD/USD rises toward 0.6500 as USD weakens on dovish Powell tone

Following the bearish action seen throughout this week, AUD/USD reversed its direction and climbed toward 0.6500 in the American session on Friday, erasing a portion of its weekly losses in the process.
New
update2025.08.22 23:39

Copper mines are unable to keep up with refined Copper production - Commerzbank

According to figures published this week by the International Copper Study Group, mine production rose by 2.7% in the first half of this year compared with the same period last year.
New
update2025.08.22 23:29

Strong increase in Swiss Gold exports to the US - Commerzbank

Switzerland exported larger quantities of Gold to the US again in July, according to foreign trade data from the Federal Customs Administration, Commerzbank's commodity analyst Carsten Fritsch notes.
New
update2025.08.22 23:27

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