Tag Archives: rate cuts

The U.S. dollar remained strong on Tuesday, holding near a 2-1/2-month high due to expectations that the Federal Reserve will adopt a cautious approach to cutting interest rates. This strength, buoyed by rising U.S. Treasury yields, has put pressure on the yen, euro, and British pound. The dollar’s rally is …

Gold is currently rallying and enjoying a resurgence in price. This report traces the intricate factors driving this rally, examining both macroeconomic fundamentals and technical indicators. Gold prices surged to a new all-time high near $2,700 on Thursday, driven by a combination of factors, including heightened uncertainty surrounding the upcoming …

The U.S. dollar advanced on Wednesday, hovering near two-month highs as market expectations of modest Federal Reserve rate cuts supported the currency. Meanwhile, the British pound saw a significant drop after inflation data suggested a softer economic outlook. Dollar Gains Amid Adjusted Rate Cut Expectations The Dollar Index, which measures …

The U.S. dollar held close to its highest levels in over two months on Tuesday, buoyed by expectations that the Federal Reserve will adopt a more cautious approach to rate cuts in the near term. Traders have dialed back predictions of large rate cuts following a series of robust U.S. …

The U.S. dollar hovered close to recent highs on Monday as investors reacted to underwhelming weekend stimulus announcements from China, while the euro continued its decline ahead of a key European Central Bank (ECB) meeting this week. The euro fell 0.1% to $1.092850, marking its 11th drop in 12 sessions …

The U.S. dollar eased slightly on Tuesday from near seven-week highs against major currencies, as investors reassessed the outlook for U.S. interest rate cuts. Geopolitical tensions in the Middle East, however, continued to support the dollar’s appeal as a safe-haven asset. The euro gained 0.2%, trading at $1.0992, after reaching …

The U.S. dollar stabilized on Monday, retaining the gains made after Friday’s robust jobs report, as traders gear up for a week filled with key inflation data and the release of the Federal Reserve’s latest meeting minutes. At 04:00 ET (08:00 GMT), the Dollar Index, which measures the greenback against …

The US Dollar experienced a significant rally following escalating tensions in the Middle East and comments from Federal Reserve Chairman Powell suggesting a less dovish stance on interest rates. The US Dollar Index reached a seven-day high as investors sought safe havens amid geopolitical uncertainty.Key factors driving the US Dollar’s …

The recent release of the August 2024 Consumer Price Index (CPI) report has provided valuable insights into the current state of inflation in the United States. While the headline inflation rate has continued its downward trajectory, underlying inflationary pressures persist, raising questions about the Federal Reserve’s future monetary policy decisions.Key …

The Dow Jones Industrial Average experienced a significant pullback on Thursday, August 22, 2024, as investors braced for Federal Reserve Chair Jerome Powell’s highly anticipated speech at the Jackson Hole Economic Symposium. The broader market, including the S&P 500 and Nasdaq Composite, also suffered losses, driven by rising bond yields …