Fed’s Mester: I don't think 50 bps rate hike should be off the table

“I think we will need 50 bps at some meetings, based on my forecast,” said Cleveland Fed President and FOMC member Loretta Mester.

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GBP/USD Price Analysis: Weekly M-formation playing out

Hawkish comments from Fed Chair Jerome Powell yesterday have injected another wave of re-pricing into US rates markets. However, the pound has continu
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USD/JPY hovers around 120.80s for the first time in six years

The USD/JPY clings to the 120.00 mark following Tuesday’s session in which the pair reached a new YTD high at 121.03, in a session where US Treasury y
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