Tag - federal reserve

Evergreen buck goes up on dismal German data
Evergreen buck goes up on dismal German data

On Tuesday, the evergreen buck went up, while the common currency dived as data disclosed that the German economy speeded down last year and market participants were waiting for the outcomes on the parliamentary vote on Britain’s withdrawal from the…

Gold surges a bit
Gold surges a bit

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank should suspend monetary policy tightening and traders looked ahead to a bunch of remarks from…

Gold stands still
Gold stands still

On Thursday, gold was intact due to the fact that market participants waited for comments from Fed Chair Jerome Powell in the face of hopes that the head of the US key financial institution is going to reaffirm a pause in the US monetary policy…

Evergreen buck inches down on dovish Fed remarks
Evergreen buck inches down on dovish Fed remarks

On Wednesday, the evergreen buck headed south following dovish remarks from Federal Reserve representatives that spurred expectations that the US major financial institution will pause its tempo of interest rate lifts…

Gold heads north, concluding at $1,300
Gold heads north, concluding at $1,300

On Monday, the yellow metal surged, concluding at the psychologically crucial $1,300 level due to the fact that the evergreen buck was impacted by hopes that the key US financial institution would stop its rate-lifting cycle for the year, thus raising…

Evergreen buck inches down for a third day
Evergreen buck inches down for a third day

On Monday, the evergreen buck kept diving for a third day in a row versus its counterparts on soaring bets the Federal Reserve will press the pause button on its rate lift cycle in the near months…

American equities rebound on Powell’s remarks
American equities rebound on Powell’s remarks

On Friday, US equities rebounded following a firm payrolls report as well as remarks from Fed Chair Jerome Powell who suggested that the Fed would be quite flexible with its monetary policy…

Evergreen buck struggles on Powell’s remark
Evergreen buck struggles on Powell’s remark

On Friday, the evergreen buck struggled for direction due to the fact that Fed Chair Jerome Powell came up with a statement that he would have the balance sheet changed if required…

Gold reaches 6-month maximum
Gold reaches 6-month maximum

The yellow metal’s objective for $1,300 is still intact, although gold bugs don’t seem to hurry to get there, expecting equity markets to dive for the next big move up…

American futures edge up after four consecutive losing sessions
American futures edge up after four consecutive losing sessions

On Wednesday, American futures managed to rally, having a minor respite after losing few trading marathons, which have brought the S&P 500 to bear market territory on fears over decelerating surge as well as the recent drama in the US government…

Evergreen buck heads south on Fed worries
Evergreen buck heads south on Fed worries

On Wednesday, the evergreen buck slumped versus most of its counterparts, suppressed by a mixture of downbeat factors including heightened fears over a partial American government shutdown as well as tension between the White House and the country’s key…

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