UK's Hunt to PM Sunak: It's tough to get UK inflation below 5% in 2023

Retail Forex broker FOREX.com, part of StoneX, is raising the Annual Percentage Yield (APY) on account balances. Balances between $10,000 – $500,000 will attract interest at 5% ...

The Bannockburn’s World Currency Index (BWCI) is a GDP-weighted currency basket representing the currencies of the top 12 economies, with the eurozone counted as one. The US is ...

US pending home sales unexpectedly rose in December for the first time in seven months, wrapping up an otherwise poor year for a housing market battered by higher mortgage rates. ...

The U.S. economy posted a growth rate of 2.1% in 2022 compared to 2021 after reporting an annualized quarter over quarter growth rate during the last quarter of the year of 2.9%. ...

Outside of solid AUD volatility, this has proven a boring week in FX, assuming today’s US PCE inflation print doesn’t move the needle for the US dollar. Next week should be a ...

Former Treasury Secretary Lawrence Summers urged the Federal Reserve to refrain from signaling its next move after an expected interest-rate hike next week because of the ...