Zephyrnet Logo

Tag: federal funds rate

Gold Price Testing Supply Zone Ahead of FOMC

The XAU/USD remains bullish ahead of the US data.  The FOMC represents a high-impact event.  The upper median line (uml) of the descending...

EUR/USD Price Strongly Bearish Ahead of US Consumer Confidence

The EUR/USD pair reached a demand zone, so a rebound is natural. The US data could be decisive later. The price action signaled...

The Federal Reserve is likely to hike interest rates again. What that means for you

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week's policy meeting. This time, Fed officials likely will approve...

Gold Price Around Key Support, Focus at FOMC, US NFP

Gold remains bullish despite temporary drops. The fundamentals should drive the price during the week. USD’s rally could force the XAU/USD to...

Gold Price Forecast: XAU/USD slips below $1930 after US PCE and UoM Consumer Sentiment

US Dollar climbs as the Federal Reserve preferred gauge for inflation,  with core PCE creeping lower. According to the University of Michigan (UoM)...

Fed: Increasingly likely that it will slow down next week – Rabobank

Next Wednesday, the FOMC will announce its decision on monetary policy. Analysts at Rabobank point out it has become increasingly likely that the Fed...

EUR/USD holds at around 1.0860s as traders brace for the Fed and ECB’s decisions

The US core PCE, the Fed’s preferred gauge for inflation, edges down, sparking speculations for a Fed pivot. Consumer Sentiment improved, while inflation...

Watch Out for the Crypto Trio in 2023

Bitcoin (BTC) and Ethereum (ETH) have a track record of success, and many industry experts believe both have enormous potential for the upcoming year....

USD/CAD stumbles below the 20/100-day EMAs, eyeing 1.3400

US Existing Home Sales continue to deteriorate and weigh on the US Dollar. Retail Sales in Canada dropped, though improved in November, compared...

Paxos Proposes To Deposit $1.5B Of USDP In MakerDAO

Deal Could Generate $70M Annually For Maker Paxos, a multi-pronged financial infrastructure company which issues crypto’s seventh-largest stablecoin, is looking to make a deal with...

GBP/USD climbs towards 1.2390, bouncing from lows hit at the 1.2330 area

GBP/USD is almost flat due to the US Dollar erasing its earlier gains and on a risk-on impulse. Data in the US showed...

US: Consumer Confidence rises in January buy it may not translate into a spending surge – Wells Fargo

Data released on Friday showed a significant increase in Consumer Confidence in January according to the preliminary report from the University of Michigan. Analysts...

Latest Intelligence

spot_img
spot_img