Share: Federal Reserve Bank of San Francisco President Mary C. Daly said on Friday that the Fed kept interest rates unchanged this week in recognition that “we are closer to our destination”. She added that inflation is coming down, and the labor market is gradually adjusting. Regarding interest rates, Daly mentioned that they
Share: Gold price trades sideways as uncertainty about the interest rate outlook persists. The Fed kept interest rates unchanged but left doors open for further policy tightening. Unlike other G7 economies, the US remains resilient on the grounds of a strong labor market and upbeat consumer spending. Gold price (XAU/USD) struggles to find
Hawkish Fed Pause Continues to Weigh on Risk Assets لینک منبع : هوشمند نیوز
© Reuters. The US Federal Reserve’s decision to maintain interest rates at the 5.25%-5.50% range during its monetary policy meeting on Wednesday, September 20, 2023, has had global impacts. The Fed’s hawkish stance towards monetary policy, aimed at curbing inflation without causing significant job losses or economic downturns, has led to a strengthening of the
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts Dow slumps following Fed decision The index saw a substantial reversal yesterday and has moved back towards the lows of last week.The 100-day SMA could now provide some support, but below this,the 34,000 level and the 200-day SMA
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices extend losses in the aftermath of the Fed Retail traders are increasing their upside exposure This is a sign of more pain to come from XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices fell about -0.6 percent over the past
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo By Samuel Indyk LONDON (Reuters) – The dollar hit a 6-1/2 month high on Thursday after the U.S. Federal Reserve signalled policy would remain restrictive for
Japanese Yen, USD/JPY, Technical Analysis, Retail Trader Positioning – IGCS Update Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The Japanese Yen weakened against the US Dollar in the aftermath of the Federal Reserve interest rate decision, where Chair Jerome Powell alluded to a ‘higher for longer’ monetary policy approach. In response, retail traders
US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: USD boosted by higher for longer Fed rates after hawkish FOMC projections. EUR/USD and GBP/USD are testing quite strong support; AUD/USD has retreated from key resistance. What’s next for EUR/USD, GBP/USD, and AUD/USD? Recommended by Manish Jaradi New to FX? Try this link for
Share: USD/CHF prolongs its two-month-old uptrend and climbs to its highest level since late June. The Fed’s hawkish outlook, rising US bond yields underpin the USD and remain supportive. Investors now look to the SNB policy meeting for some impetus ahead of the US macro data. The USD/CHF pair touches its highest level
