Commentary

Goldman Sachs drops call for December Fed rate cut

Goldman Sachs is changing its Fed call. Previously, they saw the Federal Reserve cutting rates in December and then again in March 2027. Now they see the Fed holding rates steady until cuts in June 2027 and December 2027. They cited Friday's jobs report and still-low unemployment

Monday morning early indications on FX moves: Eyes on Japanese intervention

Early indicative moves: AUD/USD — 0.7024, off 21 pips (-0.30%) NZD/USD — 0.5784, down 12 pips (-0.21%) GBP/USD — 1.3323, down 16 pips (-0.12%) EUR/USD — 1.1511, off 8 pips (-0.07%) USD/CHF — 0.7959, down 3 pips (-0.04%) USD/JPY — 160.24, down 5 pips (-0.03%) USD/CAD — 1.3929, dow

US To Canadian Dollar Forecast 2026–2028: June Survey Sees USD/CAD Easing From 1.39 - Exchange Rates Org UK

US To Canadian Dollar Forecast 2026–2028: June Survey Sees USD/CAD Easing From 1.39 Exchange Rates Org UK

The US Blockade of Iran after Six Weeks

Much of the commentary on the US blockade says it's failed, but that's total nonsense

ECBs Lane:Monetary policy decisions will continue to be made on a meeting-by-meeting basis

ECBs Lane gave a speech at a Dinner event. Below are the main commentary on the Economy/Policy. Supply-driven energy shocks hurt euro area growth: Lane said oil-price increases caused by supply disruptions — especially geopolitical events — tend to lower euro area GDP growth by a

Taking Stock of the US Blockade

There's endless commentary that the blockade has failed, but that's total nonsense