Tag: Market reaction
June FOMC Statement Highlights and Analysis | Forexlive
The Federal Open Market Committee (FOMC) recently released its June statement, outlining key highlights and analysis for the current economic situation in the United States. The statement emphasized that economic activity has been expanding...
Impact of Biden Dropping Out on Bond and FX Markets | Forexlive
The impact of Joe Biden dropping out of the presidential race on the bond and foreign exchange markets is a topic of much discussion and speculation. Following the recent debate on June 28, there...
Markets Anticipate Key Event Tomorrow: Countdown Continues | Forexlive
Markets are eagerly anticipating a key event tomorrow, with traders feeling the impatience building as the countdown continues. The kiwi is the only major currency showing some movement today, while others seem to lack...
US CPI Report Impact on Fed Policy: Will it Trigger a Pivot?
The latest US inflation data is set to be released this Thursday at 12:30 GMT, with expectations pointing towards a further decline in the headline Consumer Price Index (CPI) for the month of June....
Gold Prices Drop Following Dovish Remarks by Powell
Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting a slightly dovish stance, emphasized the need for further progress...