About Kenny Fisher
Kenny started his career in forex working in the sales and marketing department at a major forex broker and has worked as a market analyst for 12 years. With a legal editing background, Kenny has combined his writing skills and finance expertise to produce top-quality articles. Kenny covers a wide range of topics, including global stock markets, commodities and currencies, with focus on fundamental and macro-economic analysis. Kenny’s articles have been carried by OANDA, Investing.com, Seeking Alpha and FXStreet. Kenny holds a Bachelor of Law from Ogoode Hall Law School in Toronto, Canada.
Latest 12 Articles
Gold and silver prices are red-hot and show few signs of seriously slowing down. The two precious metals have dazzled in 2025, with gold climbing 35% and silver 42% since January 1.
US advance GDP data released Thursday was unexpectedly strong, possible due to recent new tariffs boosting demand for domestic goods.
US CPI stays at 2.7% in July, core CPI rises to 3.1%, boosting market odds of a September Fed rate cut to 94%.
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The Bank of England (BOE) lowered the cash rate at today’s meeting by a quarter-point. This marks the second rate cut this year and brings the cash rate to 4.0%, its lowest level since March 2023. The British pound rose 0.50% after the rate decision.
The US Federal Reserve maintained the funds rate at 4.25%-4.50% at Wednesday’s meeting.
The European Central Bank (ECB) maintained interest rates at 2.15% today’s policy meeting, a move that was widely expected. The Euro has posted minor gains following the decision.
The markets were braced for a rebound in June inflation in Canada and the US and that’s exactly what happened today in both countries, as CPI and core CPI climbed higher.
The Reserve Bank of New Zealand (RBNZ) maintained the benchmark interest rate at 3.25% on Wednesday. The decision was widely expected by the markets, and the New Zealand dollar is showing little movement today against its US counterpart.
The United States GDP contracted by an annualized 0.5% for the first quarter of this year according to the latest figures from the Bureau of Economic Analysis (BEA) in its third and final estimate.
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The Fed holds interest rates steady at 4.25%–4.5%, with Powell highlighting economic uncertainty and rising inflation from US tariffs. Markets react cautiously.
Annualized US CPI now stands at 2.4%, up from 2.3% but lower than the expected rate of 2.5%.
The Reserve Bank of New Zealand (RBNZ) lowered interest rates by a quarter-point to 3.25% on Wednesday.