Tag Archives: FED

On November 1 New Zealand house prices showed the first sign of strain, with their first annual fall in more than 11 years. Prices fell 0.6% from the previous year, and values fell for a 7th consecutive month. This is due to the affordability challenge for buyers either getting new …

The price of the dollar stabilized on Tuesday after rising the previous day, as investors flock to the safe-haven currency in light of fears of an increase in Corona infections in China, while the Bitcoin currency is under pressure after fears related to the repercussions of the collapse of the …

The US dollar capitalized on Monday’s prevalent risk aversion and negative market sentiment to edge higher. Risk aversion dominated markets after China’s National Health Commission reported death cases of Covid-19 patients in Beijing. China also reported over 26,000 new infections on Sunday. Commodity-linked currencies ended the day with losses against …

San Francisco Federal Reserve President Mary Daly said on Monday that she is not prepared to say what hike the Fed should do at December’s Federal Open Market Committee. Daly insists that all options are available, so she is not taking anything off the table for December.Daly believes that at …

Interviewed by Dubai TV, Mohamed Hashad, the Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the latest developments in financial markets, most notably, the following: First: OilHashad noted that there was an obvious decline in oil prices as last …

The EUR/USD pair has maintained the corrective downside well for another trading session and threatens to challenge the key support around the 1.0200 sooner rather than later.With the opening bell of an uneventful session, the US dollar extends the recent comeback by the recent hawkish messages by Fed policymakers. Statements …

The Swiss franc fell towards 0.95 against the US dollar, down from a three-month high of 0.94 touched on November 11th. Swiss currency is under pressure posed by the strength of the US currency, in conjunction with recession fears and hard signals from the Federal Reserve. However, hawkish policy signals …

Gold prices fell for the fourth consecutive session on Monday due to a stronger dollar while the Federal Reserve’s monetary policy stance overshadowed expectations for non-yielding gold. The spot gold price fell 0.6 percent to $1,739.31 an ounce by 0931 GMT, after falling earlier to its lowest level since November …

The US dollar rose strongly against major currencies on Monday, November 21, at a time when the Chinese yuan fell as sentiment deteriorated due to the rise in coronavirus infections and the tightening of restrictions in some cities in the second largest economy in the world. The Chinese capital, Beijing, …

Inflation, geopolitical tensions and global growth-linked worries impacted almost all financial markets. EU inflation retreated in October but is still hot. The EUR/USD pair held above the 1.0300 level with no signs of declining.As the Fed’s battle against inflation arrives at a new and more challenging stage, services will be …