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Tag: powell

GBP/USD Forecast: 1.23 Broken Following BoE’s Remarks

The risk of UK inflation stalling above the central bank’s target has dropped. UK inflation fell to 3.2% in March from 3.4% the previous month. Services...

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AUD/USD steadies ahead of employment data – MarketPulse

The Australian dollar has stabilized on Wednesday, after...

EUR/USD Forecast: Dollar Eases After Impressive Surge

Powell’s speech lacked indications of when rate cuts would begin. The Bank of America revised its outlook and expects the first Fed cut in December...

The Growing US-EU Monetary Policy Divide – Orbex Forex Trading Blog

Yesterday saw important interviews by the heads of the world’s two largest central banks, the Fed’s Jerome Powell, and the ECB’s Christine Lagarde. The...

GBP/USD keeps pushing against 1.2430 support weighed by weak UK employment data

The Pound drops on weak UK employment data, to retest support area at 1.2430. UK Unemployment rate increased to 4.2% in the three months to...

USD/JPY Price Analysis: Yen Marks 3-Decade Lows Against Dollar

Data on Monday revealed a bigger-than-expected 0.7% increase in US retail sales. Fed policymakers have gradually lost confidence in their progress toward lowering inflation. Japanese officials...

ChatGPT forecasts the future better when telling tales

AI models become better at foretelling the future when asked to frame the prediction as a story about the past, boffins at Baylor University...

2024 Fed Rate Hike in Question: Inflation Surprises Challenge Soft Landing Plans

According to a report published in The Wall Street Journal on April 10, the Federal Reserve faces new challenges in its ongoing battle against...

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...

Coinbase Research: Bitcoin’s “Digital Gold” Status Could Attract New Investors

Crypto markets have experienced a downward trend following recent comments from Federal Reserve Chairman Jerome Powell, suggesting a continued cautious approach toward rate cuts,...

Gold price soars to unseen highs amid high US yields, unfazed by US jobs data

Gold hits record highs, defying US Nonfarm Payrolls spike and US Dollar gains, highlighting safe-haven status. Fed rate cut outlook adjusted after employment data, central...

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...

Japanese yen jumpy ahead of US payrolls – MarketPulse

The Japanese yen showed a bit of strength...

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