Tag Archives: fomc minutes

Gold Prices Climb as Dollar Weakens Ahead of Key Economic Data Gold prices surged on Tuesday, propelled by a decline in the dollar, as investors awaited a significant inflation report from the United States. The week ahead is marked by a flurry of data releases and statements from Federal Reserve …

Gold prices earlier on Monday fell to $2026.93 an ounce as a result of pressure from the recent increase in Treasury yields. With conflicting expectations for a possible quantitative easing in June, while market sentiment is still erratic. Gold’s price is restrained since the US 10-year Treasury yield is moving …

Dollar Resumes Decline Amidst Yield Slowdown and Market Anticipation In European markets on Monday, the US dollar faced renewed downward pressure against a basket of global currencies, marking a continuation of losses halted in the previous session. This decline signals a trajectory towards testing the lowest levels seen in three …

Dollar Strengthens in Anticipation of Crucial Economic Indicators The dollar asserted its strength on Monday as market participants braced for a week replete with significant economic data releases. With a particular emphasis on inflation metrics, investors keenly await insights into global interest rate expectations, shaping currency market dynamics. Key Economic …

Last week’s trading closed with risk-linked assets overperforming safe haven assets, leading to a weekly loss in the US dollar versus gains for gold as well as US stocks over the week, as most risk assets kept surging. An interesting competition was strong between the minutes ff the Fed’s last …

Currency Markets Reflect Changing Sentiment Currency markets experienced notable shifts this week, with the dollar poised to record its first weekly decline in 2024. Investor sentiment recalibrated following diminished expectations of imminent interest rate cuts by the Federal Reserve, fueling a rebound in the US currency. Meanwhile, the yen faced …

Gold prices surged on Friday, poised to clinch their first weekly gain in three weeks. A confluence of factors, including a weakened dollar and escalating tensions in the Middle East, fueled investor appetite for the precious metal. Market Dynamics: Tracking the Numbers At 0411 GMT, gold prices in spot transactions …

Gold Surges on Weak Dollar and Middle East Tensions Gold prices surged on Thursday, bolstered by a weakened dollar and escalating tensions in the Middle East. Investors eagerly awaited more US economic data for insights into the Federal Reserve’s future interest rate decisions. At 0328 GMT, spot gold climbed 0.1 …

Gold prices climbed on Thursday, buoyed by a weakening dollar and escalating tensions in the Middle East. Investors remained attentive to upcoming US economic data, seeking insights into the Federal Reserve’s future interest rate policies. By 0328 GMT, spot gold advanced by 0.1 percent to $2,026.7 per ounce, following yesterday’s …

In the face of shifting risk appetite patterns and the FOMC Minutes’ lack of surprises, the dollar somewhat weakened on Wednesday. Meanwhile, speculation about when the Fed could cut interest rates for the first time continued to drive general market mood. In the context of continued increases in riskier assets, …