Tag Archives: FED

The most important US labour data will be released later on Friday, amid expectations of a significant decline in job growth in the United States, with a stability in the unemployment rate, in addition to a limited decline in wage growth.On the first Friday of every month, the employment data …

The Pound Sterling has strengthened against the US dollar as the US labour market loses momentum. Investors expect the Fed to begin lowering interest rates in September, and economists expect that the Starmer-led Labour Party will gain an absolute majority. The GBP/USD jumps higher amid growing speculation that the Fed …

Gold prices held firm near a 10-day peak in Asian trading on Thursday, buoyed by increasing expectations of interest rate cuts by the Federal Reserve, which weakened the dollar and Treasury yields. However, the precious metal’s gains were tempered by hawkish signals from the Fed’s June meeting minutes and cautious …

The minutes of the Fed’s June meeting were made public, and they contained a plethora of signals that the markets interpreted differently with regard to the factors influencing the federal rate’s future trajectory. “Most monetary policymakers in the meeting of the Central Bank’s Board of Governors on June 11 and …

Weak US economic statistics is the reason behind an eight basis point decline in the US 10-year Treasury yield. FOMC minutes mention the downturn in the economy and leave room for rate decreases should inflation get close to the 2% target. A decline in ADP Employment Change and a notable …

Gold prices surged over 1% on Wednesday due to weak US economic data and rising Fed rate cut expectations. The latest FOMC meeting minutes showed that “several participants” were ready to lift rates if inflation remained elevated. The Institute for Supply Management (ISM) shows contracting US services activity, while labor …

The US Federal Reserve will release its June 11-12 policy meeting minutes on Wednesday at 18:00 GMT. Investors will scrutinize the Fed’s hawkish hold and inflation outlook to gauge the timing of the expected interest rate cut this year. The Fed maintained its monetary policy settings for the seventh consecutive …

With another session of quiet trading activity across the FX sector, the US dollar moved marginally defensively. At their discussion panel at the ECB Forum, Fed Chair Jerome Powell and ECB President Christine Lagarde left no space for surprises in the interim. Investors are bracing themselves for a plethora of …

Powell Cites “Actual Advancement” While Central Bankers Evaluate War Against Inflation. Christine Lagarde, the head of the European Central Bank, and Jerome H. Powell, the chair of the Federal Reserve, both sounded upbeat about recent inflation figures but emphasized the need for greater confidence before cutting interest rates. Over the …

Gold fell 0.28% following Fed Chair Jerome Powell’s remarks at the ECB forum in Portugal. Powell stated that he is cautiously optimistic on disinflation and emphasizes the need for more progress before rate cuts. US Treasury yields remain firm, while the US Dollar fluctuates in familiar range. The XAU/USD trades …