Tag Archives: powell

With some major markets closed on Easter Monday, the US dollar is the clear winner as of late Monday. As the day began, most attention was on growth-related data, with China releasing positive manufacturing production data for March. Still, the news was insufficient to keep investors upbeat.The news on Friday …

U.S. Stocks Show Mixed Results at Close; Dow Jones Industrial Average Gains 0.12% The U.S. stock market closed with mixed results on Friday, with the Dow Jones Industrial Average reaching a new all-time high, while the S&P 500 edged higher and the NASDAQ Composite index ended lower. The Dow Jones …

US stocks have continued to rise since the beginning of the North American trading on Thursday, with a boost of optimism left by expectations of an official interest rate cut by the Federal Reserve following the Fed’s announcement to keep the interest rate at the same levels without change one …

Fed Chair Jerome Powell has explained the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press conference.Key Statements:“We want to see more data that gives us higher confidence on inflation moving down sustainably.”“We made no decisions …

On Wednesday, the US dollar’s gains continued. The revised Dot Plot and Chair Powell’s tone are the centre of attention. Any surprise from the Fed, whether hawkish or dovish, could cause volatility in the USD. At present, the US Dollar Index (DXY) is trading close to 104, indicating a gain …

The Fed meeting will be closely watched for any signals of a shift in its monetary policy stance. A dovish hold with a timeline for QT could calm markets, while a hawkish tilt due to inflation concerns could lead to volatility.The Federal Reserve’s interest rate decision on Wednesday, March 20, …

The US Federal Reserve will announce its Interest Rate Decision on Wednesday, March 20 at 18:00 GMT and as we get closer to the release time, here are the expectations as forecast by analysts and researchers of 15 major banks. The Fed is expected to keep rates unchanged in the …

Last week, the market’s attention was squarely fixed on a slew of US economic indicators, aimed at deciphering clues regarding future interest rate trajectories and the Federal Reserve’s timeline for ending its monetary tightening stance and initiating quantitative easing. However, the latest US data, particularly the Consumer Price Index, US …

Last week witnessed several important events and movements in terms of their impact on overall trading transactions. The week closed with a sharp decline in the US dollar in addition to weak performance of risk-linked assets amid mixed risk appetite due to the growing importance of the statements and data …

On Friday, gold prices are positioned to achieve their most substantial weekly surge in five months, nearing their all-time high, following statements by Federal Reserve Chairman Jerome Powell that have reinforced expectations of interest rate cuts mid-year. Record-Breaking Momentum In spot transactions, gold prices experienced minimal change, maintaining a robust …