Tag Archives: rate cut

US Dollar pauses as investors dissect recent comments from Federal Reserve officials. Markets appear skeptical about the Fed’s guidance and continue to anticipate potential cuts in September. Fed officials’ cautious remarks limit downside in the US Dollar.On Wednesday, the US Dollar as measured by the DXY Index (DXY) remained relatively …

Gold (XAU/USD) trades in a tight range in the $2,320s in quiet markets on Wednesday. A lack of risk sentiment and low holiday volume caps volatility in the safe-haven asset. The USD – to which Gold is negatively correlated – trades broadly unchanged and since US bond markets are closed …

Investors and traders kept a close eye on the US inflation figures as well as the FOMC meeting in June. Due to the Fed’s aggressive approach, selling transactions took hold of gold prices immediately following the announcement that US interest rates would remain steady. Prior to the announcement of the …

Fed Chairman Jerome Powell noted that the revised forecast is a conservative approach and left open the possibility of additional rate reduction. Federal Reserve officials released a startling change to their estimates for the number of interest rate cuts this year.Following the two-day monetary policy meeting in Washington on Wednesday, …

Following the Federal Open Market Committee’s (FOMC) modification of its interest rate estimates, which were more hawkish than anticipated, the US Dollar Index observed an upward trend on Wednesday. After the Consumer Price Index (CPI) fell to a low of 104.30 in May due to lower-than-expected data, the dollar recovered …

The Federal Reserve is split on the path for rates, and this uncertainty cools the enthusiasm after the soft CPI which triggered a big rally. Interest rates have a critical role in moving financial markets, and the US Federal Reserve (Fed) is the most influential central bank. The Fed announces …

Amid uncertainty surrounding interest rate cut forecast for the remainder of this year, the Fed meets for two days to discuss monetary policy. When this meeting ends on Wednesday, June 12, traders, analysts, and investors look forward to the decisions made there in hope of learning additional signals on the …

With political unpredictability engulfing Europe in the wake of the June 9 European Parliamentary elections, the US dollar gained momentum this week. The safe-haven dollar gained due to this risk aversion. The USD Index (DXY) surged above 1.05. It reached multi-week highs. Under pressure from the political concerns, the Euro …

ECB President Christine Lagarde stated that interest rates are not on a linear downwards path and that policymakers could wait more than one meeting before cutting them again. Markets now expect little more than one rate cut over the four remaining policy meetings this year and between 3 and 4 …

Caution prevailed among investors ahead of the US labor market report release, resulting in subdued price movements across the market on Thursday. Simultaneously, the European Central Bank (ECB) implemented a widely expected 25 basis point reduction in interest rates. Currencies:EUR/USD regained traction and approached the 1.0900 zone after the cautious …