Tag Archives: FED

Gold prices fell on Friday, under pressure from the strength of the dollar, but it is heading towards recording the largest weekly jump in 6 months, as concerns about the rise in consumer prices in the United States led to the demand for the yellow metal as a hedge in …

Gold has shifted after the latest round of hot than expected U.S. inflation data and here’s what to watch with the latest surge higher.There’s a fundamental change of language as solid CPI data previously meant faster tapering schedule, consequently lower gold, the new prevalent language has become: strong CPI = …

U. S. Monthly deficit shrank versus 2020, as government collected more revenue and pulled back on spending.As lawmakers prepare for another hike in the debt ceiling, it remains important to explain why it is economically feasible for the U.S. to keep borrowing, as long as interest rates stay low, partly …

NZD/USD is ending the North American session down by 0.9% after falling from a high of 0.7132 to a low of 0.7062 on the day.A stronger than expected Consumer Price Index data overnight saw the USD rally against all G10 currencies.Markets have responded in kind following Fed’s statements last week …

If inflation doesn’t diminish, Fed may need to taper at a more considerable rate and hike interest rates, which could hurt stock and bond markets.Against Japan’s yen the U. S. dollar was last up 0.85% to 113.86 yen after touching Wednesday’s session high of 113.940. On Tuesday the dollar had …

The dollar index jumped sharply on Wednesday, with the euro hitting a 16-month low against the U. S. currency, after U.S. consumer prices surged to their highest rate since 1990, fueling speculation that Fed may raise interest rates sooner than expected.The consumer price index rose 0.9% last month after gaining …

On Wednesday, yield on Treasury notes, which often rises when investors anticipate tighter central bank policies, rose back toward highs for 2021, near 0.5%, compared with 0.409% at Tuesday’s close. The U.S. inflation rate reached a 13-year high recently, triggering a debate about whether the country is entering an inflationary …

Consumer inflation surged in October as fuel costs picked up, supply chains remained under pressure and rents moved higher. NYT said that it is bad news for economic Fed’s policymakers and for the White House, which had been emphasizing a recent slowdown in price gains.Inflation picked up to 0.9 percent …

Bitcoin’s rally weakened on Tuesday, suggesting that buyers took some profits at around the $68,500 all-time price high. Despite a short-term retreat, upward price targets are expectedfor both BTC and ETH over the next month.There is a positive sentiment that often prevail the crypto markets near every year’s end. Price …

The biggest signal that Federal Reserve Governor Lael Brainard is a major candidate to succeed Jerome Powell as U. S. Fed Chair has generated a wave of speculations over how financial markets would react if Biden announced her as his nominee.The longest wait for the announcement in the modern era …