Tag - federal reserve

Gold declines on Fed remarks
Gold declines on Fed remarks

On Wednesday, gold headed south and kept to a one-year minimum due to the fact the evergreen buck managed to strengthen on Fed Chair’s remarks, which backed views that the US major financial institution considers lifting its interest rates this year…

Gold goes down on strengthening greenback
Gold goes down on strengthening greenback

On Tuesday, gold headed south to a year minimum, suppressed by a soar in the US dollar because Fed Chair Jay Powell told that gradual rate lifts would continue…

UK pound rallies on retail sales
UK pound rallies on retail sales

On Thursday, the British pound managed to ascend to the maximum of this trading session after the publication of data that the volume of retail sales in Great Britain beat forecasts in May because of good weather as well as royal wedding…

European equities are hesitant ahead of Fed meeting
European equities are hesitant ahead of Fed meeting

On Wednesday, European stocks were quite hesitant because market participants waited for guidance from the key US financial institution as for future American rate lifts, while Zara owner Inditex tumbled after outcomes and Just Eat turned out to be…

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