It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.

The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...

The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...

Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...

Donald Trump found guilty on all counts in ‘hush money’ trial, Cyril Ramaphosa’s future in doubt, Japan’s $62bn support for yen provides little reprieve ...

USD/JPY bounced in early Friday trading, catching a ride to the 157.00 handle from a near-term low of 156.40. Japanese Tokyo ...

US economic activity continued to expand from early April through mid-May, but firms grew more downbeat about the future amid ...

The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...

European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.

Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.

Lingering concerns about higher-for-longer interest rates and a Salesforce sell-off put a damper on investors' spirits.

For many who have been waiting impatiently for the one key European Central Bank announcement after a protracted period of high interest rates, fresh EU data released on Friday (31 May) may have just ...