Tag Archives: fomc minutes

Gold price holds around 1670$ even after US PPI data. The precious metal stays firm despite the US dollar’s strength.Market participants turn attention to FOMC minutes ahead of Thursday US CPI numbers. Gold continues to trade around $1,670 as it has been the case since the beginning of the European …

The latest escalation in the Russia-Ukraine has been sending waves of fear to almost all financial assets, following an explosion that destroyed a part of the bridge in Crimea which is crucial for Russia’s war supplies. Escalation also contributed to the market’s sour sentiment. On the same line could be …

Gold prices fell for the sixth consecutive session on Monday, hitting their lowest level in more than three weeks, affected by the strength of the dollar and expectations that the Federal Reserve will raise interest rates to curb rising inflation. And the price of gold in spot transactions 0.1 percent …

Expect markets to reach new highs next year, says Ed YardeniThe S&P 500 fell 1.3%, while the Dow Jones Industrial Average slid 302 points, or 0.89%. The Nasdaq Composite slid 2%. US shares generally retreated on Friday as Wall Street’s summer rally looks hesitant versus rate hike fears. The dominating …

Gold prices fell to a three-week low on Friday, as a stronger dollar and expectations of a US Federal Reserve interest rate hike dented the yellow metal’s allure. By 0451 GMT, spot gold fell 0.3 percent to $1,752.89 an ounce, after falling to its lowest since July 28 at $1,751.01 …

The EUR/USD slides below the 1.0100 figure for the first time since July 27, as EUR sellers eye a daily close below 1.0096, which could pave the way for retesting the parity level. At the time of writing, the EUR/USD is trading at 1.0089, well below its opening price, after …

Tezos price could take a key turn lower today after the bullish print on Wednesday. XTZ price is at the mercy of global markets which are rolling over on Thursday. Tezos price action has witnessed some gains evaporating in late hours trading on Wednesday after the Fed minutes were released. …

Emerging market stocks and currencies fell on Thursday on the signals by Wednesday’s FOMC Minutes. The minutes obviously signaled further US interest rate hikes. MSCI’s index of emerging market stocks retreated 0.6%, set for their worst session in two weeks, while its currencies counterpart MIEM00000CUS was on course for its …

Gold prices rose on Thursday as bond yields declined, but the dollar’s rally and expectations that the US Federal Reserve will continue to raise interest rates kept prices near two-week lows. And gold in the spot contracts rose 0.3 percent to $ 1765.80 an ounce, at 0920 GMT, after a …

The US dollar finished Wednesday higher against most major rival currencies on Wednesday, despite suffering a near-term retreat following the release of the FOMC Minutes. The US dollar posted modest advances against safe-haven currencies, with USD/CHF trading around 0.9510 and USD/JPY at 135.00.Gold trades at $1,762.70 per ounce at the …