FOMC meeting: the aftermath
The Federal Reserve had the meeting on Wednesday - we take the first look at the results and try to understand what's coming next.
Tag - federal reserve
Greenback dives to wager on Fed rate reversal
On Thursday, the evergreen buck faced heavy losses in Asia because the key US bank shocked the financial markets by giving up all of its plans to have rates lifted in 2019, which appears to be an indication that its three-year campaign to stabilize its…
Gold jumps to $1,300
On Monday, gold managed to ascend because traders closely watched a busy week probably to be dominated by the Fed’s regular policy gathering…
Evergreen buck goes down ahead of Fed minutes
On Wednesday, the evergreen buck slumped versus the common currency and the UK pound because a dive in American Treasury gains diminished its attractiveness in the face of hopes for dovish news on interest rates from the major US bank…
Gold slumps ahead of Trump’s budget proposal
On Monday, the yellow metal declined, drifting away from the $1,300 mark hit on the back of a dismal jobs report, while traders looked ahead to retail sales data as well as American leader’s 2020 budget proposal…
American housing market slumps
In December, American homebuilding went down to a more than two-year minimum because construction of both single as well as multi-family housing dipped…
Evergreen buck inches up as inverted yield fears recede
On Tuesday, the evergreen buck managed to go up due to the fact that bond gains rebounded, thus soothing fears over the health of the American economy despite dismal housing data…
American consumer confidence and housing data indicate decelerating economy
In February, American homebuilding went down more than anticipated due to the fact that construction of single-family houses went down to an almost two-year minimum, providing more evidence of a steep deceleration in economic activity early in 2019…
Evergreen buck goes down notwithstanding better-than-anticipated labor and inflation data
On Friday, the evergreen buck slumped in Asia notwithstanding better-than-anticipated labour as well as inflation data published overnight…
August 28: dovish Fed statement
The Fed made a dovish statement yesterday. As a result, the US dollar dipped down, while riskier currencies and stocks significantly rose.
Gold: long-term bullish forecast
Such credible banks as Bank of America and Citigroup made extremely bullish forecasts from $3 000 to $5 000. It’s hard to imagine right now, but let’s discuss why it may become true.
Big day for Forex market
The FOMC will make a statement on September 16 at 21:00 MT time!