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EUR/USD surges above 1.17 as Powell hints at September Fed cut

EUR/USD skyrockets during the North American session after Federal Reserve (Fed) Chairman Jerome Powell leaned dovish at his Jackson Hole speech, opening the door for a resumption of the easing cycle. The pair trades at 1.1718, up by 0.97%.
New
update2025.08.23 06:25

Dow Jones Industrial Average hits record highs after dovish Powell appearance

The Dow Jones Industrial Average (DJIA) soared to new all-time highs on Friday, testing above 45,700 for the first time since the index's inception.
New
update2025.08.23 03:45

Gold climbs as Powell flags rising labor risks, dovish Fed tilt

Gold prices continue to trend higher on Friday after the Federal Reserve (Fed) leaned dovish, as commented by the Fed Chair Jerome Powell, who said that "downside risks to the labor market are rising." XAU/USD trades at $3,371 after hitting a daily low of $3,321.
New
update2025.08.23 03:44

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.
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.
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.
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.
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.
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.
update2025.08.22 23:40

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