Eren Sengezer

In an interview with Fox News on Friday, United States (US) Treasury Secretary Scott Bessent said that US President Donald Trump believes that the European Union’s proposals have not been of good quality, per Reuters. Key takeaways “Trump move is […]

Here is what you need to know on Wednesday, May 21: Pound Sterling (GBP) gathers strength against its rivals early Wednesday following the release of April inflation data from the UK, while the US Dollar (USD) continues to weaken on

Here is what you need to know on Thursday, May 15: The US Dollar (USD) struggles to find demand to start the European session on Thursday following Wednesday’s choppy action. The European economic calendar will feature a revision to Eurozone

In an interview with National Public Radio (NPR) on Wednesday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that some parts of the April inflation report represent the lagged nature of the data, adding that the Fed is

Here is what you need to know on Tuesday, May 13: The US Dollar (USD) retreats slightly in the European morning on Tuesday after posting impressive gains against its rivals to start the week. The European economic calendar will feature

Here is what you need to know on Tuesday, March 25: Following a quiet start to the week, the US Dollar (USD) gathered strength in the American session on Monday and the USD Index closed the fourth consecutive day in positive

Here is what you need to know on Monday, March 24: After outperforming its rivals for three consecutive days, the US Dollar (USD) struggles to find demand at the beginning of the week. Later in the day, S&P Global will

In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that they have to wait for things to clear up when there is a lot of uncertainty. Key takeaways “There has been a

New York Federal Reserve President John Williams said on Friday that the current modestly restrictive monetary policy is “entirely appropriate,” as reported by Reuters. Key takeaways “Current rate policy fits with solid job market and above-target inflation.” “There is a lot

United States (US) Federal Reserve (Fed) Governor Christopher Waller said on Friday that he preferred to continue the current pace of balance sheet decline at this week’s meeting, per Reuters. Key takeaways “Slowing or stopping runoff will be appropriate as we get