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Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Wednesday that although he supports further moves to lower interest rates, he is getting concerned about ongoing inflation pressures, specifically claims about a "one time" inflation bump from tariffs. Key highlights Starting t

The U.S. dollar has been on the back foot in recent sessions, hit by the twin pressures of a looming U.S. government shutdown and sliding oil prices. The yen has emerged as the top performer, with traders increasingly eyeing lower USD/JPY as the favoured trade during periods of heightened political

The Euro (EUR) is attempting to stabilize in the mid/upper-1.16s following US data-driven losses on Wednesday and Thursday, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. EUR remains vulnerable "Risk remains elevated into the US PCE inflation release, and the outlook for re