Chicago Fed National Activity Index Slips to -0.1 in May, Signaling Economic Cooling
The Federal Reserve Bank of Chicago reported that its National Activity Index (CFNAI) fell to -0.1 in May, a notable decline from the
Forex News
Forex News
US Durable Goods Orders Dip 4.5% in May, Matching Analyst Forecasts
New orders for long-lasting manufactured goods in the United States fell by 4.5% in May, a decline that precisely matched the consensus expectations
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Dollar Slips as Inflation Data Eases Rate Hike Jitters
The US dollar edged lower in trading on Wednesday after the release of inflation data that came in broadly in line with economists’
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US Durable Goods Orders Ex-Defense Slump 4.6% in May, Reversing April Surge
New orders for long-lasting manufactured goods in the United States, excluding the volatile defense sector, dropped sharply in May, reversing the strong gains
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US Dollar Eases After PCE Data, Yen Holds Near Intervention Zone
The US Dollar edged lower on Friday following the release of the latest Personal Consumption Expenditures (PCE) price index data, while the Japanese
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Silver Catches a Bid, But Analysts Say This Isn’t a Bottom
Silver prices have staged a modest recovery in recent trading sessions, catching a bid after a prolonged period of weakness. However, a closer
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Why Firm Economic Data Isn’t Enough to Boost the US Dollar
The US Dollar is facing a curious paradox. Despite a steady stream of economic data that, on the surface, points to a resilient
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Banxico Holds Key Rate at 6.50% as Expected, Citing Sticky Core Inflation
Mexico’s central bank, Banxico, left its benchmark interest rate unchanged at 6.50% during its March 2026 monetary policy meeting, a decision that was
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Fed’s Williams Calls Returning Inflation to 2% an ‘Imperative’ — What It Means for Rates
Federal Reserve Bank of New York President John Williams stated on Thursday that it is “imperative” for the central bank to bring inflation
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Chinese Yuan Weakness Deepens After Breakout Against US Dollar, UOB Analysts Say
The Chinese yuan has extended its recent decline against the US dollar, following a confirmed breakout from a key technical level, according to