Fed Day Arrives: Dot Plot Holds the Key as Markets Await Warsh’s Debut

Markets are entering the Federal Reserve decision with remarkably little uncertainty about what policymakers will do, but considerable uncertainty about what they will signal...

Sterling Slips on UK Inflation Misses, But GBP/CAD Bullish Case Remains Intact

Sterling came under modest pressure after UK inflation data undershot expectations in May, but the report is unlikely to materially alter the Bank of...

DOW Hits Record High as Falling Oil Prices Offset Fed Fears

The DOW is sending a very different message from the rest of Wall Street. While the S&P 500 and NASDAQ spent much of the...

Oil Crashes Below $80, But Markets Hold Fire Ahead of Fed Decision

The biggest move in global markets is still happening in oil. The most important move may come tomorrow. Brent crude plunged below USD 80 today,...

US Retail Sales Surge 0.9% in May, Signaling Resilient Consumer Demand

EUR/USD Daily Outlook