Tag Archives: FED

The dollar recorded new highs against some currencies on Thursday, as it remained near its highest levels against the yen since early November, after the US Federal Reserve showed a tendency to tighten after keeping interest rates unchanged. The dollar index, which measures the currency’s performance against a basket of …

The benchmark funds rate was held unchanged in September by the Fed in a range of 5.25% to 5.5%. Jerome Powell, the chair of the Fed, has provided his forecast on rates, the economy, and the possibility of a gentle landing. The central bank has increased its benchmark borrowing rate …

the US central bank’s policy statement, following FOMC meeting in September, adopts obvious hawkish language. The Fed said that the economic activity continued to expand at a solid pace and noted that job gains have slowed but remain strong. Moreover, the US central bank reiterated inflation remains elevated and that …

As markets position themselves ahead of the Fed, the EUR/USD was breaking to the upside. The Fed is anticipated to maintain current interest rates and provide an updated economic forecast.30 minutes following the release of the data, Fed Chair Jerome Powell will attend a press conference. In the lead-up to …

The USD/CHF declined by 0.28% on the day to 0.8937. US yields and the DXY index are declining. All eyes are on the Fed’s decision and the updated dot plots. On Wednesday, the USD/CHF lost some ground and declined to the 0.8950 area.The US 10-year yield, after hitting its highest …

Gold price delivers a range breakout ahead of the Fed’s monetary policy decision. The yellow metal is trading at $1944.34 per ounce at the time of writing, up by %0.67. The US Dollar remains subdued as the Fed is expected to keep the interest rates unchanged.A steady policy announcement is …

The dollar fell on Wednesday ahead of an expected US interest rate decision by the Federal Reserve later in the day, while the pound sterling fell on growing bets that the Bank of England will halt its historic series of rate hikes. The dollar index, which measures the performance of …

There was little change in gold prices on Wednesday, as investors awaited the latest statements and expectations regarding interest rates from Federal Reserve Chairman Jerome Powell after the US central bank’s monetary policy meeting. By 0938 GMT, spot gold prices stabilized at $1,930.09 per ounce, remaining below its highest level …

The latest US consumer price index data bolstered concerns that the Fed’s latest efforts to bring inflation back to its 2 per cent target might take longer than expected. Rising energy costs pushed the rise in the headline CPI figure to 3.7 per cent in August, above economists’ expectations. A …

The price of gold rose to $1937.35—a two-week high—before falling to $1931.77—a decrease of 0.06%. In the meantime, the US 10-year Treasury note yield rises to a 16-year high of 4.367%, depressing gold prices.Investors watch the Federal Reserve’s “dot plots” and revised economic estimates closely for signs of a rate …