Powell speech: We need to move away from highly stimulative monetary policy settings

Fed Chair Jerome Powell, speaking before Congress on the first day of his semi-annual testimony, said that it is time to move away from highly stimulative monetary policy settings, reported Reuters. 

AUD/USD retreats after being unable to break 0.7280/85

The AUD/USD is rising modestly on Wednesday on the back of a recovery in risk sentiment and amid higher commodity prices. The pair peaked at 0.7281 an
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Gold Price Forecast: XAU/USD retreats to $1930 as Ukraine-Russia will hold talks – War update

Gold (XAU/USD) spot retreats from $1948 daily high to current levels, as reports that Ukraine-Russia will hold a second round of discussions later tod
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