Market context
Follow the story. See which markets it affects. Explore the context.
Strong U.S. GDP and other upbeat data strengthened the dollar, pushing EURUSD toward three-week lows and trimming Fed rate-cut bets; markets await U.S. consumer spending (PCE). Pharma names saw muted…
Dollar holds gains as cautious Fed comments trim near-term rate-cut odds; EURUSD and GBPUSD steady after prior drops ahead of U.S. GDP and PCE data, while tariffs and BOJ hints add uncertainty.
The dollar weakened as markets price higher odds of Fed rate cuts and fret over Trump's legal challenge to Fed governor Lisa Cook, lifting the euro and sterling ahead of PCE inflation and upcoming US…
Fed's Williams signaled a possible September rate cut, weakening the dollar and lifting the euro and pound amid political pressure on Fed independence and ahead of key PCE and payroll data.
Dollar weakens as Fed's Williams signals a possible September rate cut and political pressure on the Fed rises, boosting euro and sterling while US short-term yields fall.