Federal Reserve (FED) news

The Federal Reserve (FED) is the central banking system in the US. It manages monetary policy to maintain price stability and promote maximum employment. It primarily uses the federal funds rate and open market operations to influence interest rates and the money supply, impacting the US economy and global markets. It also provides forward guidance to shape market expectations.

EUR/USD Technical: Poised for a minor bullish breakout in euro strength

The euro staged a sharp rebound against the US dollar on 1 August, gaining 1.5% after weaker-than-expected US jobs data halted a week-long decline. Since 4 August, EUR/USD has traded in a narrow range, as markets digest rising stagflation risks and await President Trump’s Fed nomination. Technical indicators suggest a potential bullish breakout, with support at 1.1520 and resistance at 1.1600 and 1.1680/1705.

06-08-2025 06:37 GMT by Kelvin Wong

EUR/USD bearish move below parity on hold for now

Gold's (XAU/USD) Whipsaw Price Action a Sign that Bulls are Back at the Table. $3400/oz Up Next?

Gold (XAU/USD) shows whipsaw action, driven by US data and Fed rate cut expectations. The US ISM Services PMI dropped, boosting rate cut bets and supporting gold's recovery. With an 88% probability of a September rate cut, gold is poised for further gains. Technical analysis suggests potential upside if gold holds above $3300/oz. Client sentiment leans long, but its a close call. A sign of indecision?

05-08-2025 15:37 GMT by Zain Vawda