The pound remains one of the top performing currencies against the US dollar. The Fed is more willing to cut borrowing costs than the Bank of England. US GDP data…

The core US PCE price index will show whether price pressures are falling fast enough to warrant a 50 basis point rate cut. US GDP increased by 3.0% in the…

The price of gold is consolidating after last week's recovery. If US PCE misses forecasts, investors will expect a more dovish Fed. Middle East tensions supported gold on Thursday. The…

Tensions in the Middle East have investors rushing for dollars. Incoming data may change expectations about the size of the Fed's rate cut. ECB policymakers are poised to start cutting…

The market's focus is squarely on the prospect of rate cuts in the US and the UK. The UK economy is doing better than expected, boosting the pound. The US…

Australia released data showing inflation slowed to a four-month low in July. Investors reduced the likelihood of a November RBA rate cut from 58% to 48.4%. Market participants look forward…

The Canadian dollar traded near a 5-month high against the US dollar as oil prices rose. Rail operators in Canada have restored service, reducing risks to the economy. The US…

The US dollar recovered from the previous session as Israel and Hezbollah exchanged missiles. The Fed chair opened the door to a rate cut in September. BoJ Governor Kazuo Ueda…

Fed policymakers are poised to begin reducing borrowing costs. Investors have increased the likelihood of a 50 bps Fed rate cut. The Central Bank of Great Britain will not rush…

High interest rates could lead to new cracks in the US labor market. US inflation is likely to sustainably reach the 2% target. The BoJ will continue to tighten monetary…