Tag Archives: FED

Analysis of Dollar Movement Amidst Positive Market Sentiment On Friday, the US dollar experienced a decline as risk appetite surged, propelled by positive business results from major technology companies on Wall Street. Investors eagerly awaited the release of the closely watched non-farm payrolls report later in the day, seeking insights …

Analysis of Gold’s Performance Amid Dollar Decline and US Economic Data As the week unfolds, gold prices are on track to secure their most substantial weekly gains in nine weeks, buoyed by a combination of factors ranging from a weakening dollar to declining US Treasury bond yields. Investors, closely watching …

The US Dollar Index retreated, putting the 103.00 support to the test, dropping back below the important 200-day SMA. On Friday, all eyes will be on January’s nonfarm payrolls, the unemployment rate, factory orders, and the final print of Michigan Consumer Sentiment.Renewed selling pressure in the dollar, combined with more …

The Canadian dollar was mixed against major currencies on Thursday, with some gains against the US dollar. Markets are settling following Wednesday’s Federal Reserve outing, which saw Chair Jerome Powell strike a more hawkish tone than expected, knocking equity markets lower and driving risk-off flows into the safe haven US …

The US Dollar pops up on the back of Fed rate pause. Traders see the Greenback fade to flat as dust settles over the Fed meeting. The US Dollar Index has 104 in reach if it is able to advance this Thursday. The dollar is falling back to being nearly …

In the intricate dance of financial markets, gold prices demonstrated resilience on Thursday, holding steady despite the strength of the US dollar. The Federal Reserve’s resistance to the notion of lowering interest rates in March initially bolstered the dollar, yet gold maintained its ground as investors continued to harbor hopes …

Analyzing Dollar Strength, Yen Resilience, and Sterling Stability In the complex arena of global currency markets, the US dollar maintained its position near a seven-week high against the euro on Thursday, following statements from Federal Reserve Chairman Jerome Powell. Powell’s dismissal of the possibility of an interest rate cut in …

On Thursday, gold continued its upward trajectory for the fourth consecutive day as investors maintained optimism regarding potential interest rate cuts by the Federal Reserve. Despite the central bank ruling out rate cuts in March, market participants still anticipate significant reductions later in the year. In spot transactions, gold recorded …

Fed Chair Jerome Powell has signaled potential rate cuts based on economic progress, stating that there is no rush to change existing monetary policy. The Gold Index has reacted to Powell’s rejection of bets on a March rate cut and emphasis on a cautious approach to managing inflation. Gold prices …

At the end of its first meeting in 2024, the Federal Open Market Committee chose to keep interest rates unchanged, as was broadly expected.Investors and market watchers are now focusing on Fed Chair Jerome Powell’s speech and signals about the future path of US monetary policy. Powell will speak at …