Tag Archives: FED

Gold prices rose on Tuesday, after falling 1 percent in the previous session, as the US dollar fell. Still, investors are waiting for more indications regarding interest rate expectations by the Federal Reserve. And by 1133 GMT, gold in instant transactions increased 0.4 percent to $ 1776.15 an ounce. US …

There was little change in gold prices on Tuesday, as the dollar stabilized after recording its largest jump in two weeks in the previous session, while fears of a larger US rate hike by the Federal Reserve persisted. And by 0553 GMT, gold settled in spot transactions at $ 1769.99 …

https://www.youtube.com/watch?v=44YX52n-6nIIn an interview on Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the most important developments in the financial markets, most notably the following:Oil PricesMuhammad Hashad – at the very beginning – commented on the …

US inflation expectations as per the 10-year and 5-year breakeven inflation rates according to the St. Louis Federal Reserve (FRED) data, challenge the recently hawkish bias over the US Fed.The inflation precursors might have taken clues from the Fed policymakers’ dovish comments, including those from Chairman Jerome Powell, to challenge …

Oil prices fell nearly 3% on Monday, following US service sector data that has added to worries that the Fed could continue its aggressive policy tightening path. So, the data caused oil and stock markets to pare gains.Brent crude futures were down $2.18, or 2.6%, at $83.39 a barrel by …

Gold prices stabilized Monday, December 5, after hitting their highest level in 5 months, while the dollar fell after more Chinese cities eased anti-Covid-19 restrictions over the weekend. There was little change in the spot gold price, recording $1,799.26 an ounce, after touching the highest level since July 5 at …

The weaker US dollar and risk aversion were in news headlines most of the time during Friday’s US trading session. The positive employment report on the United States suggested the Fed might need to keep hiking rates to ease a contracted labour market, though it failed to reinforce the US …

The US dollar has maintained its weak performance on Friday despite the positive Nonfarm Payrolls data. The USD/CHF pair hit a daily high following the key data.The USD/CHF is trimming some of its earlier losses and prior gains in the US volatile trading session, spurred by a buoyant US Nonfarm …

Chicago Fed President Charles Evans said on Friday “We are probably going to have a slightly higher peak to Fed policy rate even as we slow pace of rate hikes,”, as reported by Reuters.Evans noted that policymakers are “on a path to getting financial conditions appropriately restrictive to bring inflation …

The GBP/USD pair retreated from around 1.2290s close to 100 pips after the release of better-than-expected labour market report in the United States, suggesting that further central bank tightening will be required.However, after the US employment report, the GBP/USD is trading around 1.2210s, after traveling towards its daily low of …