Tag Archives: FED

The US Dollar has retreated to the red territory as weekly Jobless Claims contribute to dampen mood for quick recovery of the American currency. Traders are concerned about their future positioning as the US Dollar Index is nearing a break below 104. This suggests that the Fed is not fully …

Gold prices rose on Thursday, supported by expectations that the Federal Reserve has reached the end of its monetary tightening cycle, but a stronger dollar limited gains. Gold rose in spot transactions 0.1 percent to $1,961.81 per ounce by 0315 GMT, while US gold futures settled at $1,964.60. Matt Simpson, …

The Japanese yen continues to retreat against the dollar since the beginning of daily trading on Wednesday, driven by the rise in US Treasury bond yields due to the famous correlation between both.The USD/JPY rose to 151.37, compared to the previous daily close of 150.37. The pair fell to its …

The US Dollar Index has recovered to 104.40, its lowest point since September. The US Producer Price Index (PPI) saw a less-than-expected 1.3% YoY increase in October, falling short of the projected 1.9% rise. The Core Producer Price Index (PPI) also fell short of expectations, coming in at 2.4% YoY …

The likelihood of a recession is one big question that is being discussed again and again as observers, including former Fed officials still argue that there is still an obvious risk of a recession.Jerome Powell and Co. are seen as walking on a fine line. The extent of fiscal stimulus, …

The reco0very of gild price has stalled following the release of the key Retail Sales Data and the Producer Price Index (PPI) data. US Retail Sales data for October contracted at a slower pace of 0.1% against estimates of a 0.3% decline. The US monthly headline PPI contracted by 0.5%, …

The dollar fell to low levels on Wednesday, November 15, after falling overnight with the issuance of a surprisingly weaker inflation reading in the United States, which reinforced bets that the US Federal Reserve has reached the end of its monetary policy tightening cycle. At the same time, the offshore …

As softer US CPI data leads to a sharp decline in the US dollar, the GBP/USD pair has surged over 1.80% to trade around 1.2499, namely nearest the 1.2500 level, on the back of the recent US inflation data. October US inflation dropped the most in the last three months …

Will Fed say goodbye to the rate hiking era? The Fed will likely be in a holding pattern, with inflation moderating and a weakening labour market. Another rate hike from here looks less likely given this softer inflation reading.  The dollar softened on Tuesday following data for US consumer prices …

The US consumer price inflation looks to have negatively surprised the consensus. Economists still predict that the Fed will hold interest rates steady until June 2024, when they will start to cut them. In other words, October saw a decrease in inflationary pressures.With fuel prices acting as a major drag …