US Treasury Secretary Bessent: We aren't focused on whether the Fed will cut
US Treasury Secretary Scott Bessent hit newswires on Thursday, touching on a variety of topics that suggest the President ...
Catching a breath: Productivity growth moderates at the end of 2024
Nonfarm labor productivity increased at a 1.2% annualized rate in the fourth quarter. While Q4's gain was softer than the past few quarters, labor productivity rose 2.3% in 2024 and continues to look ...
Yen hits 8-week high, sterling drops after Bank of England rate cut
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
Yen Could Strengthen Beyond 150 Vs Dollar If BOJ Sends Hawkish Signals
The yen could strengthen beyond 150 against the dollar as the BOJ moves against the global tide of rate cuts, said SMBC Nikko Securities.
Yen marches higher on rate hike bets; US jobs data in focus
The yen climbed to a nine-week high as market players piled on bets for more interest rate hikes in Japan this year, while ...
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USD/JPY Outlook: Hawkish BoJ Strenghtens Case for Another Hike
The USD/JPY outlook indicates a surge in expectations for another BoJ rate hike this year after hawkish policymaker remarks.