" We don't need to increase rates any more" Is he speaking for the whole team or is this his opinion and if so, he should keep it to himself and he's fully aware of the impact words like these have on the market. Unless, he's shorting USD !!

And DXY goes down. Doubly unbelievable !

Can someone explain to me why this has caused USD to collapse against gold?

Come on FF. The nature of this forum is in the name - "Forex Factory". Not this kind of news. Where are your moderators and editorial team when this kind of totally non-forex related stuff hits your screen? This just undermines the whole object of ...

Talk about stating the obvious. Using interest rates as the only bludgeoning tool to tame inflation is simplistic to say the least. This is supply side inflationary pressure which cannot be reduced by dampening consumer demand. Causing misery to ...

And how does that affect the forex market? Seriously, these irrelevant news items need to be filtered out

And GBP/JPY goes down???

Not sure why his resignation will have any impact on the market. He carries no clout and power in the government.

Think it's best to wait for the news first before jumping the gun.

Ouch but so true

Too right.

My two cents worth. The 25% basis point increase has already been built into the market moves. Based on today's figures, the economy is expanding and not contracting as the Fed has been hoping. Do they pause or carry on? $64K question. There is now ...

Why do countries have to have one currency as the international mode of payment ? Every country can pay another in it's own currency and the funds are converted at the exchange rate prevailing at that point in time. This will take away the dollar ...

Previous week adjusted to 246 so decrease of 18K. Gold slipping against USD

Why is this rated as medium impact here but low impact on the calendar?

I cannot see how the actual can be spot on with the estimated! So exact. These guys are good, very very good or ..... ?

Zelensky immediately blaming Russia and therefore attempt to bring NATO into the war should raise the question whether the missile was actually (deliberately) fired by Ukraine to get just this reaction. NATO has taken the right steps by looking long ...

The US and UK should be attacking North Korea as they did Iraq---- weapons of mass destruction ---- How stupid of me... North Korea has no oil!!!

In any country, you have to be a citizen to run for office maybe even be born in that country. Appointment by virtue of merit is the way forward.

Globalist?? reminds me of the racist caller to a radio station in London saying that Rishi is not British ie the party members will never ever vote him in. Thank God, it never went before these half-wit racists. By the way, Globalist is a term which ...