The EUR/USD market closed Jun 12, 4:00pm (42 hr ago), and will repoen Jun 14, 2026 4:00pm (in 5 hr).
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Latest Stories for EUR/USD
The Federal Reserve's June policy meeting will mark a closely watched milestone for financial markets as newly installed Chair Kevin Warsh presides over his first Federal Open Market Committee (FOMC) gathering. The two-day meeting, scheduled for June 16-17, comes at a time when expectations for lower borrowing costs have largely evaporated amid persistent ...
From cnbc.com | 25 hr ago
Its officially Chairman Kevin Warsh, not chair. The Federal Reserve website now lists Warsh as chairman, not chair, reversing the past 12 years when his predecessors Janet Yellen and Jerome Powell both chose to be called chair. Before Yellen, the term chairman was used exclusively. No law or regulation governs what a chair is called, leaving it ...
President Donald Trump on Friday said U.S. forces carried out a strike that killed Hector Rusthenford Guerrero Flores, also known as Niño Guerrero, the leader of Venezuelan prison gang Tren de Aragua. At my direction, the United States Southern Command delivered a swift and lethal kinetic strike to successfully execute Nino Guerrero the infamous leader ...
Long-suffering readers will know that, in my occasional bid to prove Im still young and definitely not edging towards a midlife crisis I like to talk in memes. And this weeks ECB meeting got me thinking about that one of a skeleton sat patiently on a park bench. Because thats roughly how old Ill be when this weeks rate hike fully feeds through to ...
When Russia invaded Ukraine over four years ago, the West quickly imposed export controls to prevent sensitive goods from going to Moscow. Right around then, exports from the EU to all kinds of unlikely places started exploding, including to Kyrgyzstan, a tiny, land-locked country in Central Asia. This export explosion obviously had little to do with ...
From ubs.com | 37 hr ago
The European Central Bank (ECB) raised key interest rates by 25 basis points this week. The question is whether the Swiss National Bank (SNB) and the Federal Reserve will respond similarly to the oil price shock. Markets are now pricing in higher rates for these central banks as well, but although the trigger is the same, the monetary policy responses are ...
From think.ing.com | 42 hr ago
The University of Michigan sentiment index has improved to 48.9 from 44.8 (consensus 46.0), but this remains at very weak levels by historical standards. The chart below suggests the latest reading should be consistent with consumer spending falling around 1.5% year-on-year. However, consumer spending is being driven by higher-income households who are ...
Markets head into the first Fed meeting run by new Chair Kevin Warsh with almost no idea what he thinks about the recent surge in job growth, the acceleration in inflation or the path of interest rates. And that may be by design. Warsh has strongly criticized Fed communications, saying they have led to policy errors and placed the Fed more at the center of ...
Central bank action has picked up with the ECB hike, and more tightening is likely in store. The first meeting chaired by Kevin Warsh is ahead next week. Meanwhile, the oil price has lost its position as the most important driver of interest rates. Even if the war ended today, a lot of damage has already been done to energy infrastructure and global supply ...
ECB's Nagel: The ECB had to react, and did so calmly. ECB's Nagel: The situation is still challenging, and we will decide based on the data.
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