Deal or No Deal? Scott Bessent Says China Is Ready to Make a Trade Pact
In recent remarks, Treasury Secretary Scott Bessent revealed that the People’s Republic of China may be ready to reach a trade agreement with the United States — a development that carries significant implications for global markets and the Federal Reserve’s monetary stance.
U.S. Services PMI Surges: Can the Dollar Keep Its Edge in Forex?
The U.S. services sector just gave traders something to think about. The Institute for Supply Management (ISM) reported that its Services PMI climbed to 52.0 in August, the highest since February.
U.S. Job Growth Stumbles in August: What Forex Traders Need to Know
The U.S. job market just sent a warning signal. According to the ADP National Employment Report, private employers added only 54,000 jobs in August—a sharp slowdown compared to earlier in the year.
Understanding Neutral Policy: What Waller Means by Moving Interest Rates Toward Neutral
Federal Reserve Governor Christopher Waller recently signaled that U.S. monetary policy is moving toward a neutral stance. But what does that really mean, and why should Forex traders—even beginners—pay attention?
Why Today’s U.S. Jobless Claims Data Could Shake the Dollar
The U.S. Department of Labor is releasing its weekly Jobless Claims report today, Thursday, August 28, 2025. This closely watched release measures how many Americans filed for unemployment benefits for the first time during the past week.