Tag Archives: fomc minutes

The US dollar experienced its most significant drop in one week since May, with negative momentum dominating. Next week will be shorter in the US, with the preliminary November PMIs being the important economic report to keep an eye on. The Fed will publish the minutes of its most recent …

There was little change in the dollar, but it hovered near the lowest level in two weeks on Thursday, after the minutes of the last meeting of the Federal Reserve revealed that policymakers are taking a cautious stance, at a time when investors are awaiting key data on inflation in …

Gold broke above $1,860 and jumped to $1,875, boosted by lower yields and the weaker dollar. Silver joined the rally, climbing above $22.00.The US Dollar finished flat despite higher-than-expected US wholesale inflation and the release of the FOMC minutes. The Greenback remains weak as US yields continue to pull back. …

A number of European Central Bank (ECB) officials’ neutral stance caused the Euro to suffer only minor losses against the US Dollar, although data from the US raised worries that the US Federal Reserve (Fed) might raise rates in response to an inflation report. Trading at 1.0598, the EUR/USD is …

Gold’s minor gain on Wednesday has the pair pushing back to the 50% retracement region of the last top-to-bottom swing on the daily candles, and spot Gold bids are set for a challenge of the 50-day Simple Moving Average (SMA) near the $1,900 handle.Gold remains notably down from the year’s …

The FOMC minutes, released a few minutes ago, indicated that many policymakers and participants saw downside risks to economic activity and upside risks to the unemployment rate.Vast majority of participants just future path of economy as highly uncertain. More evidence needed to be confident price pressures ebbing. Several participants commented …

The US dollar is still having trouble gaining traction. In September, US PPI increased by 2.2% YoY, exceeding expectations. Later in the afternoon, the FOMC will make public its minutes from its meeting in September.Despite the tension between Israel and Hamas, markets are still wary. Following the publication of trending …

The US dollar suffered on Tuesday as Wall Street concluded with gains. The price of crude oil slightly declined while trading in narrow bands. Prices for commodities fluctuated, holding onto recent gains. The Middle East scenario is still a source of uncertainty.For the first time since August, the EUR/USD price …

In an interview on Dubai TV, Mohammed Hashad, Director of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the performance of global markets in light of the current geopolitical developments in the Middle East.First of all; Hashad commented on oil prices …

SoftBank Group’s Arm is aiming for a valuation of more than $52 billion in its initial public offering, making it the year’s largest stock market debut. According to a regulatory filing on Tuesday, SoftBank (TYO:9984) is issuing 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 …