Tag Archives: FED

Gold prices remained steady on Tuesday as investors shifted their attention to upcoming US inflation data, which could offer insights into the timing of potential interest rate cuts by the US central bank. Spot gold settled at $2,170.59 per ounce by 0310 GMT, while US gold futures dipped 0.2 percent …

The crucial 200-day moving average is quickly approaching for the EUR/USD pair, indicating a wave of cautious optimism in the currency markets. ECB optimism about inflation and future rate decreases contrasts with mixed views from the Fed and worse US housing data.Updates to the economic outlook are anticipated from the …

In the middle of the North American session, the Pound Sterling is still available due to rumours of a possible rate decrease by the Federal Reserve in June. As a result, the GBP/USD pair has somewhat rebounded against the US Dollar. The US economic schedule hasn’t been able to strengthen …

The US central bank appears optimistic about the country’s economy in the near future. According to the Fed’s most recent forecasts, monetary policymakers do anticipate that the US economy would grow healthily in 2024, 2025, and 2026—beyond initial estimates. Experts generally share this outlook. According to the head economist at …

Global inflation-linked concerns, lest it should return to the previous highs, continue to reveal themselves in the context of the precautionary rhetoric adopted by major central banks worldwide. In practice, monetary policymakers have announced, through formal decisions, their intention to keep interest rates “higher for longer”, an important tool, until …

Gold has been declining since the beginning of daily trading on Friday, under pressure from the rise in the US dollar, which continues to benefit from the positive US data that was released on Thursday.The US manufacturing PMI rose to its highest level in three years this March. US home …

Despite dovish comments by Fed’s top official as well as declining US Treasury yields, investors are placing their bets on the easing cycle starting by June. At a solid 104.428, the US Dollar Index (DXY) is now trading at its highest point since mid-February. Data projections for the start of …

The US central bank raised its forecast for GDP growth in 2024 from 1.4% in its December outlook to 2.1%, this was based upon the US economy’s continued resilience against the currently high interest rates as well as the efforts by the Fed to combat inflation, so far. The US …

Japan’s Nikkei index reached an all-time high on Friday, propelled by record gains on Wall Street and a surge in automaker stocks driven by a weakening yen. The Nikkei climbed 0.18 percent to close at 40,888.43, briefly touching 41,087.75 during the session, surpassing its previous peak. This milestone comes as …

As investors continued to process the most recent FOMC meeting and the prospect of three rate reduction by the Fed this year, risk aversion made a comeback on Thursday across markets and traded assets, giving the dollar additional impetus. Apart from that, the BoE maintained rates and hinted at potential …