Tag Archives: FED

The dollar moved slightly in Asian trading on Monday, amid a rise in the pound sterling and a decline in the yen after a Japanese holiday and anticipation of a group of upcoming central bank meetings led to a state of stagnation in the markets. The Bank of Japan’s monetary …

Gold prices stabilized on Monday as investors continued to take into account the Federal Reserve’s possible halt to raising interest rates at its monetary policy meeting this week, with a focus on the US central bank’s interest expectations. By 0056 GMT, gold prices in spot transactions settled at $1,924.29 per …

The US Dollar flattens on Friday as investors take profits after a rally on Thursday. The Euro’s lackluster performance after the ECB’s dovish hike has led to traders selling the Euro in the belief the Eurozone economy will crash. Retail Sales data from the US and Producer Price Index numbers …

Gold prices stabilized on Thursday near their lowest levels in three weeks, which they touched in the last session after the release of US inflation data, which reinforced expectations that the Federal Reserve will stop raising interest rates next week. By 0747 GMT, spot gold prices stabilized at $1,905.49 per …

The dollar stabilized in Asian trading on Friday, retreating slightly from the gains it achieved on Thursday against other major currencies, while the yuan rose following the release of some strong economic data from China. The dollar jumped on Thursday after US retail sales received a boost from a 0.6 …

Market Drivers – US Session, September 14, 2023The EUR/USD pair resumed its downtrend, falling to the 1.0630 area. It posted the lowest daily close in months and remains under pressure. EUR/CHF suffered its worst day in months, dropping from weekly highs at 0.9600 to 0.9530, with a crucial support area …

Bitcoin price is targeting $27,000 as bulls ignore surprise PPI inflation data. Despite recent macro data showing a rebound in US inflation, Bitcoin traders are anticipating greater increases. The Consumer Price Index (CPI) and Producer Price Index (PPI) August prints reaffirmed the US inflation return, and Bitcoin continued to gain …

Gold prices stabilized on Thursday near their lowest levels in three weeks, which they touched in the last session after the release of US inflation data, which reinforced expectations that the Federal Reserve will stop raising interest rates next week. By 0747 GMT, spot gold prices stabilized at $1,905.49 per …

The US headline Consumer Price Index (CPI) rose by 3.7% yearly in August, exceeding expectations, and core CPI annual inflation came in at 4.3%, in line with forecasts. Bitcoin price hovers above $26,200, with most of the crypto market noting a minor decline. The larger-than-expected rebound in prices leaves room …

The price of gold is seen under pressure as investors turn their attention to digest the most recent US inflation data due to worries that increase the chance of a last interest rate hike by the US central bank in the remaining months of 2023 could result from upside risks …