Tag Archives: FED

Gold price dips slightly as uncertainty around US debt-ceiling discussions causes US Treasury bond yields to rise, negatively impacting XAU/USD’s recovery. Despite productive talks between President Biden and House Speaker Kevin McCarthy, an agreement on raising the debt ceiling is yet to be reached. US is set to run out …

The dollar touched a six-month high against the yen on Tuesday amid the continuing debt ceiling crisis in the United States and growing expectations that interest rates there will remain higher for a longer period. The dollar rose to a six-month high of 138.80 against the yen in early Asian …

Gold prices rise as traders await clarity on U.S. debt ceiling negotiations and Federal Reserve’s interest rate strategy. Gold prices influenced by US debt ceiling negotiations, Federal Reserve’s interest rate pathGold is seen as a safe-haven investment amid concerns over the debt ceiling. The impact of US default on gold …

Federal Reserve Bank of San Francisco President Mary Daly refrained from commenting on the next possible Federal Reserve policy decision but reiterated that they must be very date-dependent right now. The US Dollar Index clings to small daily gains near 103.30 after these comments.Keys Quotes “Want to see if policy …

The dollar was generally stable on Monday, with US debt ceiling talks due to restart and Federal Reserve Chair Jerome Powell signalling his preference for a meeting-by-meeting approach to future policy decisions. To begin the week, the dollar was little changed at 137.975 yen, having ended a six-day winning streak …

After last week’s stalemate, US president Biden on Sunday said he believes he has the authority to use the 14th Amendment to unilaterally address the debt ceiling, but acknowledged potential legal challenges could still lead to default. He said he is looking at the 14th Amendment as to whether or …

The dollar approached its highest level in nearly six months against the yen on Friday and pushed the euro to its lowest level in more than seven weeks, as optimism about government debt ceiling talks in Washington fueled expectations that US interest rates would remain high for longer. Democratic negotiators …

Gold prices rose on Friday, but headed for their largest weekly decline in three and a half months, as hopes that negotiations would reach a solution to the US government debt ceiling crisis and fading expectations of interest rate cuts by the end of the year led to a decline …

According to an interview with James Bullard, president of the St. Louis Federal Reserve, raising interest rates even more would be a good “insurance” strategy against inflation, the Financial Times reported on Thursday.According to the Financial Times, Bullard stated that he will retain a “open mind” going into the next …

The dollar settled near a seven-week high on Thursday after positive indications from US President Joe Biden and Republican House Speaker Kevin McCarthy on debt ceiling talks. On Wednesday, Biden and McCarthy confirmed their intention to reach an agreement soon to raise the government debt ceiling of $ 31.4 trillion, …