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Tag: Federal Reserve officials

EUR/USD Weekly Forecast: Fed Officials Voice Inflation Concerns

The euro ended the week lower as the dollar strengthened on hawkish Fedspeak. Fed officials expressed uncertainty about whether interest rates are sufficiently high. Investors eagerly...

Gold Price Forecast: XAU/USD drops to a 10-day low, on risk-on impulse ahead of Powell’s speech

Share: Gold prices are trading near the flatline at $1969.09 as the market digests the potential end of the Federal Reserve's...

S&P 500 rallies as markets digest soft US jobs data, Fed rate hike pause

Share: S&P 500 ended the week up by 0.9%, with the Nasdaq and Dow Jones also posting significant gains, reflecting a...

USD/CAD Forecast: Oil Rally Keeping Pressure Under 1.36

Oil prices gained, with the possibility of supply disruptions. The dollar was weak as investors digested dovish comments from Fed officials. Investors are expecting the FOMC...

EUR/USD Price Analysis: Dollar Weakness Lifts Euro by 0.1%

The dollar weakened as US interest rate expectations dropped while Treasury yields fell. The euro saw a 0.1% increase in early Asian trade. The probability of...

Metals: Gold Pauses Declines Ahead of U.S. Payrolls Report

Gold steadied near seven-month lows on Friday as the US dollar and bond yields, which scaled fresh highs this week, took a breather, and...

AUD/USD rallies despite a firm US Dollar, on risk-on mood and falling US yields

Share: AUD/USD is up 0.51%, benefiting from the overall weakness of US Dollar. Despite hawkish remarks from various Fed officials, the...

GBP/USD Outlook: Hits 15-Month Top as UK Wage Growth Jumps

The pound surged to its highest level in 15 months against the dollar. British wages, excluding bonuses, rose 7.3% in the three...

EUR/USD trim gains in the wake of ECB rate hike; hawkish remarks from central bankers in focus

Share: EUR/USD rally curtailed following the ECB rate hike and hawkish remarks from central bankers. US Consumer Sentiment improves, supporting a...

Federal Reserve Keeps Interest Rates Steady, Bitcoin Responds with Significant Fluctuations

According to a post on social media by Nick Timiraos, a Wall Street Journal reporter, Federal Reserve officials has agreed to keep interest rates unchanged...

Gold Price Forecast: XAU/USD plunges amidst US economic resilience, high US bond yields

Share: Gold prices fall 0.80% as US economic data showcases resilience, led by strong retail sales and industrial production figures. Hawkish...

DeSantis and Kennedy Jr Slam Fed’s Plans for Digital Dollar

DeSantis and Kennedy Jr. criticize Fed’s digital dollar plans. The fed only plans to issue a digital dollar with Congress’ approval. Kennedy Jr. conflates...

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