Tag: Federal Reserve
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...
Atlanta Fed GDPNow Forecast for Q3 2021: 3.0% vs 3.1% Prior | Forex Update
We are approaching the end of the second quarter, and while we are still some time away from getting the official GDP numbers, the...
Gold Price Increases as Traders Expect Fed Rate Cuts
Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data...
Fed’s Williams Predicts Gradual Rate Cuts Amid Ongoing Disinflation – Market Update
New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence...
Fed’s Barkin Optimistic on Inflation, Emphasizes Sustainment and Broadening – Analysis and Outlook
Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current...
US Treasury to Auction $13 Billion of 20-Year Bonds at Top of the Hour
The U.S. Treasury is set to auction $13 billion of 20-year bonds at 1 PM ET today. This auction will be closely monitored as...
Soft Retail Sales Impact on Fed Hawks’ Rhetoric – Actionable Insights for Traders
At the recent Fed meeting, Chairman Powell briefly mentioned consumer spending, but the focus was mainly on inflation and the Fed's dot plot. The...
Federal Reserve Caution: Interest Rates Will Remain Steady Amid Cooling Inflation Data
The Federal Reserve has announced that interest rates will remain steady for the time being, despite recent cooling inflation data. The Fed is looking...
Holiday Week Ahead: Retail Sales, Housing, and PMIs
In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow,...
Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut
The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
BREAKING NEWS
Canadian Solar: Addressing Concerns Over Operations in China (NASDAQ: CSIQ)
Canadian Solar: Navigating Challenges in China MarketInvestment Thesis
Despite the challenges faced by Canadian Solar (NASDAQ: CSIQ), there is optimism surrounding its potential in the...
