Tag Archives: Federal Reserve

US West Texas Intermediate crude closed down 48 cents, or 0.6%, at $86.43, while Brent crude futures down 79 cents, or 0.9%, to settle at $90.38 a barrel. For Brent, it was the first drop in five sessions, and for WTI, it was the first in seven. A Hamas spokesman …

Despite the Federal Reserve’s signals of three interest-rate cuts this year, Treasury yields, a key driver of mortgage rates and other borrowing costs, continue rising anyway.As of Monday, the yield on the benchmark 10-year US Treasury note was 4.252%, up from 3.860% at the end of the previous year. As …

After US inflation data came in higher than anticipated, the dollar maintained its good start to the week, supporting investors’ further repricing of a Federal Reserve rate cut in June.As confidence in the Fed’s summer easing cycle increased, the USD Index recovered the territory above the 103.00 mark. A light …

The US Dollar Index traded in a downward trend at 103.7, before recovering, at the time of writing, to 103.895, denoting a decline of 0.24%, and representing a weak end to the trading week.The US ISM Manufacturing PMI fell disappointingly at 47.8, far from expectations of a 49.5 mark. Expectations …

The US Dollar Index, DXY, weakens as the US returns from holiday, trading modestly lower. No relevant reports were released during the session, while markets await fresh catalysts. All eyes are now on FOMC minutes from January’s Federal Reserve meeting on Wednesday.The dollar is trading in the red territory, modestly …

US Stocks are little changed on Friday after another hot inflation report stoked fears that Federal Reserve rate cuts may not arrive until later than anticipated this year. The S&P 500 and Dow Jones Industrial Average teetered around the flatline, while the Nasdaq Composite slid 0.2%. The producer price index …

The dollar edged closer to the psychologically significant level of 150 yen on Tuesday, maintaining stability as markets anticipated the release of crucial US inflation data later in the day. Meanwhile, Bitcoin continued its steady hold above the $50,000 mark for the second consecutive day. Trading activity in Asia remained …

The USD/JPY pair has stabilized at 149.33 as markets await crucial US inflation data, affecting the Fed policy outlook. The US January CPI is expected to decline, fueling discussions on the Fed’s easing timeline amid calls for patience. The Federal Reserve is unlikely to alter rates in March, but May …

Gold futures have declined since the opening of Thursday’s North American trading session due to the rise in the US dollar and renewed geopolitical concerns about the possibility of the war in Gaza expanding to other areas within the Middle East. The US dollar achieved limited gains due to Israeli …

On Thursday, the dollar navigates within a tight range as traders assess the implications of less dovish remarks from Federal Reserve policymakers and await fresh economic indicators from the United States. Attention is also drawn to inflation data from China, the world’s second-largest economy. Fed Policy Evaluation and Outlook Overnight, …