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Top News In June Fed Today - Breaking & Trending Today
Pound sterling dips to two-month low at 1.2520 against USD following strong US inflation data, reducing expectations of significant Fed rate cuts. ....
New Zealand Dollar rises broadly in Asian session following RBNZ's decision to keep interest rates steady. The central bank's "limited tolerance" for delaying the achievement of its inflation target conveyed a hawkish tone. Rate cuts are off the table until the central bank is confidence that inflation would sustainably return to the target band. This is clear indication of priority over inflation control, even amidst a slowing economy. However, strength of Kiwi remains measured, with traders likely awaiting next week's Q1 inflation data for a more decisive bet ....
None US stocks tumbled on Wednesday as traders took in hotter-than-expected inflation. • None Consumer prices rose 3.8% year-per-year in March, higher than… ....
Gold Price Forecast: XAU/USD bides time near $2,350 heading into the US CPI data fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.