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Tag: Jerome Powell

Gold fails to capitalize on falling yields amidst US Dollar rebound

Gold prices see second day of decline, falling to $2,159 after peaking at an all-time high of $2,223. The Federal Reserve's dovish stance on interest...

US Dollar reclaims status as King Dollar with second week of gains with rates mattering again

The US Dollar jumps higher for the second week in a row. Traders are challenging the Fed's dovish stance, casting doubts over its forecasts...

Gold Headed for $2,500/oz? Inflation Matters – Orbex Forex Trading Blog

Wednesday’s Fed decision effectively kept everything in place, which was largely interpreted by the market as dovish. Particularly Fed Chair Jerome Powell’s post-rate decision...

GBP/USD holds above the 1.2700 mark, UK CPI, Fed rate decision eyed

GBP/USD trades on a weaker note near 1.2719 on the stronger USD.  The Fed is likely to keep its benchmark rate steady on Wednesday.  UK CPI...

Mexican Peso plummets amid Fed’s hawkish tilt speculation

Mexican Peso depreciates as local markets close for Benito Juarez’s birthday, USD/MXN aiming above 16.80. Banxico is widely anticipated to reduce interest rates slightly...

Canadian Dollar middles on quiet Monday ahead of central-bank-laden week

Canadian Dollar finds little chart momentum as investors gear up for a busy week. Canadian CPI inflation first on the docket, expected to tick up...

Gold slumps and braces around $2,150.00 as US inflation reaccelerates

Gold retreats from the $2,180 mark, reacting to hot US inflation data and Fed's cautious stance on policy easing. Rise in US Treasury yields post-PPI...

$4,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse – The Daily Hodl

A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an industry-wide warning from Fed Chair Jerome Powell. New York...

Mexican Peso sees late dip against US Dollar, end week positively amid Fed speculations

Mexican Peso sees modest losses as US inflation data tempers Fed easing expectations. Industrial Production in Mexico shows resilience, reinforcing views on potential Banxico rate...

Fed Chair Powell: No immediate plans for US CBDC

Fed Chair Jerome Powell has confirmed to the Senate Banking Committee that the Federal Reserve currently has no plans to launch a central bank...

Bitcoin briefly surges past US$70,000

Bitcoin set a new all-time high for the second time this week. Bitcoin traded above US$70,000 for the first time on Friday before sharply...

Gold’s Sudden Record High, and Possibly Higher? – Orbex Forex Trading Blog

The price of gold has rocketed higher all this month, marking a significant trend in gold price activity. That’s great news for gold bulls,...

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