Tag: Federal Reserve
-
Ringgit Drops as US Dollar Firmness Gathers Ahead of US Non-Farm Payrolls
Ringgit Weakens Ahead of Key US Jobs Data The ringgit opened lower against the US dollar on a morning that saw the US Dollar Index (DXY) showing resilience. Traders and investors are positioning ahead of tonight’s highly anticipated US non-farm payrolls (NFP) release, which is expected to provide fresh clues on the strength of the…
-
Ringgit slips as US dollar firms ahead of payrolls data
Ringgit slips as US dollar firms ahead of payrolls data The Malaysian ringgit opened lower against the US dollar this morning, extending losses as traders brace for the key US non-farm payrolls (NFP) report. The local currency traded at 4.0650/0750 per greenback at 8 am local time, modestly weaker than the prior session, reflecting the…
-
Pound Sterling Reverses Gains as GBP/USD Dips Near 1.3520 on Tuesday
Summary: A Reversal in the GBP/USD Narrative The Pound Sterling faced a sharp reversal against its peers on Tuesday, giving back earlier gains as the USD rebounded from intraday losses. In the European session, the GBP/USD pair traded down toward the 1.3520 region, underscoring renewed volatility in the currency market. Traders cited a combination of…
-
US Bonds Slip in 2026 as Jobs Market Strength Lifts Yields Further
Markets Start 2026 With Bonds Under Pressure The opening trading session of 2026 saw U.S. Treasuries retreat from their haven appeal as investors weighed the latest signals on the labor market against the backdrop of growing expectations for economic resilience. Yields on long-dated government debt, including the 30-year benchmark, climbed higher, signaling a shift in…
-
US Bonds Slip at Start of 2026 as Jobs Market Outlook Boosts Confidence
Overview: Bonds Sell Off as Growth Optimism Recedes for Havens The first trading day of 2026 brought a notable move in U.S. Treasuries, with bond prices sliding and yields rising, particularly on the 30-year maturity. Investors shifted away from traditional safe-haven assets as signs of a resilient labor market and a continued growth trajectory prompted…
-
Ringgit Opens Higher on Last Day of 2025 Despite Fed Outlook
Ringgit edges higher as year-end US dollar softens The ringgit extended its rally on the last day of 2025, nudging higher against the U.S. dollar as global markets assessed the latest Federal Reserve signals. Local traders in Kuala Lumpur reported modest gains for the Malaysian currency in early trading, with the ringgit trading above the…
-
Trump vows to fire Jerome Powell again as he rails against the Fed chair
Overview: Trump’s latest critique of the Federal Reserve Former President Donald Trump rotated back to a familiar target on Monday, launching another blistering critique of Federal Reserve chair Jerome Powell. In remarks during a press conference, Trump called Powell a “fool” and hinted that he would like to fire him. The episode adds to a…
-
Trump Says He’d Love to Fire Jerome Powell — Latest Fed Attack
Trump Targets Jerome Powell in Another Fed Criticism Former President Donald Trump escalated his ongoing feud with the Federal Reserve chair, Jerome Powell, during a press conference on Monday by labeling Powell a “fool” and hinting that he would like to remove him from his role. The exchange adds to a growing pattern of partisan…
-
Trump Says He’d ‘Love to Fire’ Powell in Latest Fed Clash
Trump’s Latest Broadside at the Fed In a series of pointed remarks during a recent press conference, former President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, describing him as a “fool” and signaling that he would like to see him replaced. The comments add to a long-running public dispute over monetary…
-
Why 80% of America’s Top CEOs Back Chris Waller as Fed Chair Pick for Trump
Overview: A surprising tilt toward Chris Waller Amid the ongoing debate over who should lead the U.S. Federal Reserve, a striking statistic has emerged: a large share of America’s top CEOs arguably favors Chris Waller as the next Fed chair if President Trump seeks a nomination. While media coverage has often spotlighted highly public figures…