Tag - federal reserve

Gold heads south ahead of Fed Chair’s remarks
Gold heads south ahead of Fed Chair’s remarks

On Wednesday, gold dived due to the fact that traders looked ahead to remarks from Fed Chair Jerome Powell for further clues about the outlook for US monetary policy for the near future…

How the Fed may affect the USD?
How the Fed may affect the USD?

As you may know, the Federal Reserve will announce its official rate and publish its monetary policy statement today at 21:00 MT time. Let’s review the projections for today’s meeting and check the key levels for trading EUR/USD.

Evergreen buck is nearly intact
Evergreen buck is nearly intact

On Friday, the evergreen buck was nearly intact in Asia having traded a bit higher earlier in the day in the face of upbeat mood of progress in China-US trade negotiations…

Evergreen buck goes up on dismal German data
Evergreen buck goes up on dismal German data

On Tuesday, the evergreen buck went up, while the common currency dived as data disclosed that the German economy speeded down last year and market participants were waiting for the outcomes on the parliamentary vote on Britain’s withdrawal from the…

Gold surges a bit
Gold surges a bit

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank should suspend monetary policy tightening and traders looked ahead to a bunch of remarks from…

Gold stands still
Gold stands still

On Thursday, gold was intact due to the fact that market participants waited for comments from Fed Chair Jerome Powell in the face of hopes that the head of the US key financial institution is going to reaffirm a pause in the US monetary policy…

Evergreen buck inches down on dovish Fed remarks
Evergreen buck inches down on dovish Fed remarks

On Wednesday, the evergreen buck headed south following dovish remarks from Federal Reserve representatives that spurred expectations that the US major financial institution will pause its tempo of interest rate lifts…

Gold heads north, concluding at $1,300
Gold heads north, concluding at $1,300

On Monday, the yellow metal surged, concluding at the psychologically crucial $1,300 level due to the fact that the evergreen buck was impacted by hopes that the key US financial institution would stop its rate-lifting cycle for the year, thus raising…

Evergreen buck inches down for a third day
Evergreen buck inches down for a third day

On Monday, the evergreen buck kept diving for a third day in a row versus its counterparts on soaring bets the Federal Reserve will press the pause button on its rate lift cycle in the near months…

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