News
Important Only
US Dollar Index swings back above 100.00 on potential US-UK trade deal
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, extends gains on Thursday following the Federal Reserve (Fed) decision and the upcoming announcement by Donald Trump on a “major trade deal” between the United States (US) and, reportedly, thFxstreet
Thu, May 8
South Korean presidential frontrunner says US risks isolation with tariffs
By Hyunjoo Jin SEOUL, May 8 (Reuters) - South Korea's presidential frontrunner said Seoul should not rush a trade deal with the United States and called for a coordinated response with other countries to U.S. tariffs, arguing that Washington risked isolation with its policy. Lee Jae-myung, th...Reuters
Thu, May 8
Swedish central bank holds key rate, sees chance of cut ahead
Riksbank keep policy rate unchanged at 2.25%Says "wise to wait" as regards policy amid global uncertaintyMore probable inflation will be lower than March forecastRiksbank says could suggest slight easing of policy aheadBy Simon Johnson STOCKHOLM, May 8 (Reuters) - Sweden's central ban...Reuters
Thu, May 8
Trump slams Fed chairman after rate hold decision
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell on Thursday as "a fool," a day after the Fed held interest rates steady, citing risks of higher inflation and unemployment."'Too Late' Jerome Powell is a FOOL, who doesn’t hav...Reuters
Thu, May 8
USD/CHF rises above 0.8250 as Fed sees no rush to interest rate cuts
The USD/CHF pair moves higher above 0.8250 during European trading hours on Thursday. The Swiss Franc pair gains as the US Dollar (USD) trades higher after the Federal Reserve (Fed) signaled that it is in no hurry to lower interest rates.
Fxstreet
Thu, May 8
