Tag Archives: FOMC

The US Dollar weakened after the US Fed’s monetary policy decision. The FOMC policymakers decided to hike rate by 25 basis points in line with wide expectations. The FOMC statement indicated that policymakers changed the wording on inflation, noting that it “has eased somewhat but remains elevated,” although there were …

The US Dollar Index hit lowest level in almost three weeks on Fed’s dovish hike. The Federal Reserve’s decision came in line with 0.25% rate hike expectations but the dovish signals came in Jerome Powell’s remarks about easing inflation in the United States, these signals were most welcome by DXY …

Bears are busy reading between the lines and digesting Jerome Powell’s speech. They are cautiously concluding that the US disinflationary process has started. The USD/CAD pair is under pressure and recording fresh multi-day lows retreating to 1.3274 before the latest reading at 1.3290 at the time of writing.The Fed’s rhetoric …

FOMC Chairman Jerome Powell comments on the policy outlook after the Federal Reserve’s decision to raise the policy rate by 25 basis points to the range of 4.5-4.75% following the first policy meeting of 2023. Key Quotes “Very difficult to manage the risk of doing too little on rates.” “We …

The US central bank on Wednesday announced that it raised the policy rate, federal funds rate, by 25 basis points to the range of 4.5-4.75% following the first policy meeting of 2023. This Fed’s decision came in line with the market expectation.

Gold price retreats from the day’s high and fails to hold to earlier gains after a busy US economic calendar released key data, which was worse than estimated. Gold was not able to benefits from the softer US dollar, while US Treasury bond yields continued to push downwards. At the …

Strong January as well as latest gains in the stocks market are driven by hope that the US interest rate hiking cycle is close to its end and that a pause is on the cards. If investors’ expectations are eventually found mistaken about this hope, a drop could be very …

The dollar has continued to weaken since the onset of the new year. Economists do anticipate a policy change from the FOMC in the first quarter of 2023, which would set the scene for a more prolonged decline.Given that Inflation easing more than expected, markets forecast that the Fed will …

The US dollar surged throughout the first half of the day helped by risk-off. Asian stocks spent the day with negative performance. European stocks trimmed their losses ahead of the close, but gains  were recorded to strong January on Wall Street. Economic Data The market’s sentiment improved following the release …

After seven consecutive increases in 2022, traders and investors expect the Fed to raise rates by 25 basis points on Wednesday, with increases of 50 basis points by the European Central Bank and the Bank of England on Thursday.If markets are expecting a 25 basis point hike and eventually a …