Dollar weakens as traders eye inflation and loans data The dollar started the week on the back foot on Monday, as traders sold it against currencies that may have more room to raise interest rates while waiting for inflation and loans data that could sway the U.S. monetary policy outlook. The pound GBPUSD, near an …
Dollar under pressure as traders wait on loans data Read More »
Dollar Loses Ground as Fed Signals Pause in Rate Hikes The dollar index edged lower to 101 on Monday, continuing its downward trend from last week as the Federal Reserve suggested it may stop raising rates for now. The Fed raised its benchmark rate by 25 basis points on Wednesday, as widely expected, but dropped …
The yen weakened on Friday after the Bank of Japan (BOJ) kept its ultra-loose monetary policy unchanged, while the U.S. dollar was set to end the month with a second consecutive loss. The BOJ announced on Friday that it will keep interest rates at rock-bottom levels, as widely expected, and did not make any changes …
The yen weakened on Friday after the Bank of Japan (BOJ) kept its ultra-loose Read More »
Sure, I can help you with that. Here is a possible rewritten version of the article: The US dollar index (DXY) was trading around 101.3 on Tuesday, down 0.4% from the previous day, as market participants weighed the prospects of the US economy and the Fed’s monetary policy stance. The market is digesting a slew …
On Wednesday, cautious trade weighed on stocks, while the dollar halted its recent slide as markets anticipated a peak in the Federal Reserve’s rate hike cycle sooner than U.S. banking sector worries. The MSCI index of Asia shares outside Japan (.MIAPJ0000PUS) fell 0.4% to pull back from Monday’s two-month peak, and Japan’s Nikkei NI225 was …
Stocks slip as focus turns back to Fed and inflation Read More »
The greenback stayed near 102.1 on Wednesday in quiet trading after slipping a bit on Tuesday, as traders waited for a crucial US inflation report that could sway the Fed’s rate decision in May. The US Labor Department’s jobs report on Friday showed that the job market was still strong, easing some fears of a …
Eurostoxx +0.4% Germany DAX +0.3% France CAC 40 +0.3% UK FTSE flat Spain IBEX flat This mirrors the positive state of mind in US prospects, with S&P 500 fates seen up 25 focuses, or 0.6%, on the day. After the previous late mishap in Money Road, it seems to be the alleviation rally is continuing …
On the off chance that there is one thing you can depend on, it is to be ready for a drawn-out day/night in the US. Surveyors haven’t had a decent history overall while calling the result however they are as yet the best aid you can go with in moving toward these things. Just a …
In the FOMC explanation yesterday, markets experienced something new and deciphered it in a timid light as the Fed noticed that: “In deciding the speed of future expansions in the objective reach, the panel will consider the combined fixing of money related strategy, the slacks with which financial approach influences monetary action and expansion and …
Definitely, blended information is a fascinating methodology. The Federal Reserve is apparently indifferent to monetary market instability! Rundown through RBC (this is exceptionally short): The strategy explanation broadcasted an obviously tentative vibe with the board saying it will “consider the combined fixing of money-related strategy, the slacks with which money-related strategy influences monetary movement and …
FOMC response – dovish statement, hawkish press conference Read More »