Last week, the Federal Open Market Committee (FOMC) kept rates unchanged at 5.25-5.50% for the fifth consecutive meeting. FOMC Chairman Powell said that recent elevated CPI inflation data did not change the view that inflation...

EUR/USD is trading below 1.0900 at the start of the Asian session on Monday. The rise of the US dollar (USD) above 103.50 is putting pressure on the major pair. Investors are awaiting the US...

Important events today: 19:00 UTC - USD: Consumer Sentiment Index from the University of Michigan The Japanese Yen (JPY) extended its downtrend against its US counterpart for the fourth consecutive day on Friday and fell...

Important events today: 07:00 UTC - GBP - GDP Volume Change The strengthening of the US Dollar following the release of US Consumer Price Index (CPI) data for February is driving the major pair lower....

Today, the EUR to USD pair is holding positive momentum around 1.0940. A general look at the US non-farm employment data for February, released on March 8, suggests that activity in the US labor market...