The dollar edged higher after Powell kept a cautious stance on rate cuts. He poured cold water on the prospect of a rate cut in July. The Fed could hold off until December before cutting rates.

Chair of the US central bank Jerome Powell has heeded further caution over the inflationary impact of President Donald ...

Gold retreats to $3,327 as Middle East ceasefire tempers safe-haven demand; silver holds near $36 on Fed rate cut expectations.

Powell informed Congress that the Fed will maintain its unchanged key fed funds rate until it gains a better understanding of ...