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4 Apr 2025

Breaking: Fed Chairman Powell says Trump tariffs risk higher inflation, slower growth

Federal Reserve (Fed) Chairman Jerome Powell said on Friday that US President Donald Trump's tariffs are bigger than expected, and they risk higher inflation and slower growth, while delivering his prepared speech at the annual conference for the Society for Advancing Business Editing and Writing on Friday.

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Apr 4, 2025

GBP/USD plunges below 1.2950 on risk aversion

The Pound Sterling tumbles sharply against the US Dollar, falling more than 1% on Friday as risk appetite deteriorates after China imposed tariffs on US goods, which triggered a reaction from US President Donald Trump.
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Apr 4, 2025

EUR/USD with losses on Powell's words, bulls take a breather

During Friday’s session following the European close, the EUR/USD pair slipped back toward the 1.1000 area, surrendering part of its early-week strength.
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