Tag Archives: FED

USD/JPY trades above the 111.00 level as the trading week started in slow motion, with the U. S. dollar edging diffidently lower against high-yielding rivals, but up roaring vs the JPY. The Japanese currency was hit by higher US Treasury yields on the 10-year note’s surge to 1.51%, its highest …

A senior official of the Federal Reserve, John Williams, signalled the US economy is strong enough for the central bank to consider reducing the massive recovery-related bond-buying program soon, but he urged the adoption of sufficiently patient approach to raising interest rates.Williams, the president of the New York Fed, acknowledged …

A global bond downturn pushed US Treasury yields to their highest level in three months on Monday, as investors’ reaction to the prospect of tighter monetary policy by dumping US and UK government debt. The yield on the 10-year US Treasury note added 0.05 percentage points to trade above 1.5 …

Federal Reserve Chairman Jerome Powell views the pandemic-induced recession as one of the sharpest and shortest downturns in history. Powell also indicated that the subsequent recovery is unprecedented.Speaking to representatives from a range of sectors, Powell acknowledged the various disruptions that COVID-19 has caused for businesses over the past 18 …

The 10-year Treasury yield have touched 1.45% on Friday to hit its highest level since July as investors continued to react to the Federal Reserve’s policy two days ago. Bond investors were particularly interested in the signal by the central bank that the tapering of $120 billion of monthly bond …

Kansas City Fed President Esther George said that the U.S. job market has already met the Federal Reserve’s benchmark test sufficiently to decrease its monthly bond purchasesزGeorge mentioned that the central bank should now turn to discussion of how its massive bondholdings may add complication to its eventual decision about …

The XAU/USD has now declined and eventually moved back into the negative territory for the second successive day.Gold price was additionally pressured by more and more global central banks. The Federal Reserve on Wednesday indicated that control of the pace of asset purchases may soon be announced if economic progress …

Britain’s FTSE index has been up by 0.2%, while sterling rose 0.8% versus the U. S. dollar to USD 1.37.The Bank of England on Thursday kept monetary policy unchanged and downgraded economic growth projections for the third quarter of 2021.European investors are still digesting signals and comments by the U. …

European stocks have been traded higher Thursday as global markets reacted to the latest policy decisions from the Bank of England and the U.S. Federal Reserve.Investors are still digesting the Fed’s decisions and the statements by the Bank of England, as the IHS Markit’s flash composite Purchasing Managers’ Index (PMI) …

U. S. shares have ended the key trading sessions surprisingly on a positive side, despite the Federal Reserve’s hint for tapering. The market’s reaction to the Federal Reserve’s announcements was originally expected to represent a low and favored securities, which kept the gains even as Chairman Jerome Powell supported the …