Tag: Federal Reserve
US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap
The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1%...
Gold Price Soars as US Dollar Weakens Before PCE Data
Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1%...
Federal Reserve’s Bostic Predicts Interest Rate Cuts in 2021 and 2025
Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction...
Gold Price Drops to One-Week Low as Fed Turns Hawkish, US Data in Focus
Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This...
USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing
The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted...
Upcoming Economic Events: US PCE, BoJ SOO, Biden/Trump Debate | Forexlive
The upcoming week from June 24th to June 28th is packed with significant economic events around the world. Let's take a look at some...
Ensuring Compliance: Citigroup, JPMorgan Chase, Goldman Sachs, Bank of America Face Regulatory Scrutiny
Banking regulators recently raised concerns about the resolution plans of four major American lenders. The Federal Reserve and the Federal Deposit Insurance Corp. reviewed...
US PCE Inflation in Focus: Week Ahead Agenda – Action Forex
The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
Expectation of Slow Rate Cuts by Ex-Fed Bullard from FOMC | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks...
US Dollar Strengthens as Treasury Yields Rise amid Weak Data
The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...