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Tag: fed policy

Housing inflation will need to come down before the Fed can think about cutting rates, BofA says

With multiple signposts showing that inflation is receding, Federal Reserve officials will spend at least part of their summer looking at one key final...

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GBP/USD Price Analysis: Dollar Rises in Wake of Inflation Data

Investors are awaiting the US core PCE price index report for more clues on Fed policy. US GDP data came in lower than expected at...

AUD/USD Price Analysis: Aussie Gains Ahead of Inflation Data

Economists expect a slight drop in Australia’s inflation, from 3.5% to 3.4%. Investors are only pricing in a 30% chance that the RBA will cut...

Gold gains today, still ends week down over 3%

Gold climbs 0.23% on Friday but is set for weekly drop above 3%. US Durable Goods Orders exceed expectations, though March's revised down data softened...

USD/CAD Forecast: Canadian Dollar Tumbles on Cooling Inflation

Canadian inflation data met forecasts of 2.7%, easing from the previous month. There is a 55% chance the BoC will cut rates in June. Fed policymakers...

USD/CAD Outlook: BoC Governor’s Remarks Lift Canadian Dollar

The BoC might wait on a clearer Fed policy outlook to avoid a big divergence. Canada recorded a surprise trade deficit of C$ 2.28 billion...

Dow Jones struggles to recover from recent backslide as Fed rounds corner

Dow Jones stuck near recent lows as Fed looms. Equities are mixed as markets await Fed policy guidance. NFP Friday will solidify market outlook on US...

Fintech Nexus Newsletter (April 29, 2024): Custodia Bank appeals ruling on Fed master account case

Caitlin Long, the CEO and founder of Custodia Bank, has been fighting for access to the Fed payments system for many years. Custodia first...

Japanese Yen remains heavily offered around 154.00, fresh multi-decade low against USD

The Japanese Yen continues to be undermined by the BoJ’s uncertain outlook about future rate hikes. Reduced Fed rate cut bets underpin the USD and...

EUR/USD Weekly Forecast: Dollar Soars Amid Stubborn Inflation

The US consumer inflation report beat estimates. Friday’s PPI report confirmed that US inflation was higher than expected. Traders will review meeting minutes from the last...

USD/CAD Forecast: Dollar Recovers Ahead of Fed Rates

Traders are preparing for the conclusion of a Federal Reserve policy meeting. Investors are waiting to see if Powell opposes the idea of interest rate...

AUD/USD Weekly Forecast: Employment Boost Sparks Dollar

The dollar got a boost from an upbeat employment report. Australia’s central bank kept interest rates unchanged on Tuesday. Investors are eagerly awaiting the FOMC policy...

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