Fed Raises Rates for First Time Since 2023 as Banks Lift Prime Rate to 7%
The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday, its first hike…
Forex News
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NZD/USD breaks to fresh lows as traders brace for New Zealand’s Q2 GDP data
NZD/USD has broken down to fresh multi-month lows ahead of New Zealand's Q2 GDP release on Thursday. The Reserve Bank…
Dollar Hits Five-Week High as Fed Raises Rates, Signals More Hikes
The dollar climbed to its highest level in nearly five weeks after the Federal Reserve raised interest rates and signaled…
USD/CAD hits one-month high as Fed rate hike lifts the dollar
USD/CAD climbed to its highest level in roughly a month after the Federal Reserve raised interest rates and signaled another…
Bank of Canada Minutes Show Inflation Risks Stayed Elevated at September Meeting
The Bank of Canada's governing council held its benchmark rate at 2.25% on September 2 but flagged that inflation is…
