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Tag: FOMC

No Fed Rate Cuts? No Worries For Bitcoin, Says Research Firm

As the US economy grapples with rising inflation expectations and scaled-back forecasts for Federal Reserve rate cuts, the Bitcoin market remains buoyant, according to...

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USD/CAD Forecast: Rate Cut Bets Surge Ahead of US CPI

Analysts expect the headline US inflation figure to have slowed to 0.3% in March. The likelihood of a Fed cut in June rose to 58%.  Traders...

USDJPY Technical Analysis | Forexlive

USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three...

Gold bulls turn cautious near all-time peak amid reduced Fed rate cut bets, positive risk tone

Gold price enters a bullish consolidation phase near an all-time peak touched on Monday. Reduced Fed rate cut bets cap gains for the non-yielding metal...

EUR/USD Weekly Forecast: Upbeat NFP Pours Water on Fed’s Cut

US manufacturing activity improved while services activity declined. The US jobs report showed a bigger-than-expected increase in employment in March. Traders scaled back expectations for the...

The Week Ahead – Fed rate cut confirmation – Orbex Forex Trading Blog

EURUSD hoping to hold on to gains The euro bounced back from the February low as Jerome Powell reiterated the Fed was at a...

Gold forecast for the second quarter: There will not be a significant rise in gold prices

The spot gold price (XAU/USD) achieved an exceptional performance in the first quarter of the year, surpassing the previous record and breaching the $2,200...

USD/JPY Price Looking for Bullish Continuation, Eyes on US NFP

The bias is bullish, so further growth is possible. The US data should be decisive tomorrow. Only taking out the 151.00 psychological level activates a correction. The...

USD/CAD trades with positive bias amid stronger USD, bullish Oil prices to cap gains

USD/CAD gains positive traction for the second straight day, albeit lacks follow-through. Reduced bets for a June Fed rate cut lift the USD to a...

Gold price consolidates in a range below record high, bullish potential seems intact

Gold price stalls its recent upward trajectory to a fresh all-time peak touched on Monday. Reduced June Fed rate cut bets continue to underpin the...

Japanese Yen struggles to lure buyers, languishes near multi-decade low against USD

The Japanese Yen fails to lure buyers despite intervention fears and the risk-off impulse. The BoJ’s cautious outlook continues to undermine the JPY and lend...

Mexican Peso surges to eight year high against US Dollar amid lack of catalyst

Mexican Peso skyrockets sharply toward 16.53 against the US Dollar as USD/MXN contracts 0.65%. Mexico’s narrowed trade deficit and the tighter labor market in Mexico...

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