Tag Archives: FED

Before the first Fed meeting in two weeks, the US dollar is trading at a slight loss in a fragmented market, leaving traders in the dark. The Dollar Index opened on Friday below significant resistance after closing above it on Thursday. Since volatility increased earlier this week, the dollar has …

Gold prices rose on Friday, but were on track to record their worst week in six weeks. This decline coincided with the rise of the dollar and bond yields, following US central bank officials’ statements that dashed expectations of an early interest rate cut. As of 07:43 GMT, gold in …

Thursday was the day of robust data. Strong data, rate cut bets bolstered the US dollar again. Another positive set of results in US key indicators boosted the upside bias in the US dollar and underpinned the tighter-for-longer narrative around the Fed. The same view seems to emerge around the …

As of this writing, the price of gold has increased by +0.85 to around $2023 per ounce, indicating that investors are still waiting for more information regarding the US Federal Reserve’s future course for interest rates.High demand for safe haven assets during the Middle East crisis has helped gold. It …

The Euro declines versus the majority of its major currency peers as most Euro investors adjusted their position. Both the Federal Reserve and the European Central Bank have made a major verbal effort to dampen market expectations for a faster rate-cutting pace. Both European and American policymakers issue a warning, …

Gold prices rose on Thursday against the backdrop of a decline in the dollar and a decline in US 10-year Treasury bond yields, but remained near their lowest levels in five weeks as investor optimism about cutting interest rates faded after tough comments from a Federal Reserve official and strong …

Strong US Retail Sales figures and a spike in US Treasury yields have continued to drive down gold prices, which have lost more than 1.11% of their value. Gold’s decrease is partly due to the US Dollar Index’s upward trajectory, which reached a five-week high, and hawkish remarks made by …

The US economic activity showed “little or no change” in recent weeks for most of the Federal Reserve’s 12 districts, amid signs that the labour market was cooling in most of the country’s regions, the central bank said on Wednesday in its Beige Book survey of regional business contacts.Consumer spending …

GBP/USD surged by 0.25% as a result of the UK’s surprise 4% annual increase in inflation. GBP’s upside is limited by obstacles such as the moderate rate of cut by the Fed and the improvement in US retail sales. In contrast to the anticipated Fed rate decrease in March, the …

According to the International Monetary Fund, the US economy has already experienced about 75% of the effects of tighter monetary policy, with the rest expected to pass through this year. The Eurozone has more transmission to come due to interest rate hikes starting later. The US economy maintained stronger growth …