Congress hears testimony from Fed Chair Powell and Treasury chief Mnuchin for the first time since their argument over the […]
Tag: fed
Dollar Tumbles, Aussie Strong, Currency Markets Evaluate Vaccine During Second Wave
On Friday the dollar took a tumble, as investors’ eagerness about a possible COVID-19 vaccine was tempered by the second […]
The Fed’s economic survey is forecast to offer the most coronavirus impact
A report by the Federal Reserve released on Wednesday will provide the first snapshot from the central bank’s business contacts […]
Fed holds rates unchanged as expected meanwhile U.S. dollar inches up
The US dollar plummeted into Asia on Thursday after the Federal Reserve said it would keep its benchmark rates steady […]
Current interest rate likely appropriate for “this year”
The US Federal Reserve is likely to leave interest rates pending throughout 2020 in the absence of an economic shock, […]
Gold Prices Near Flat Ahead of Fed Policy Statement, Tariffs Deadline
Gold prices were largely unchanged on Wednesday in Asia as traders awaited to see whether the Trump administration would proceed […]
Low gold prices The Fed refuses to join the race until the end
A strong dollar and rising bond yields are bad news for gold, which has no nominal return and is priced […]
Prior to the federation’s decision, Gold prices are close to $ 1,500
By 08:08 AM The futures for gold on the Comex exchange were down 0.2% to $ 1,509.55 per troy ounce. […]
All Eyes on the Fed, Gold gives profits after the rally
The ECB cut its deposit rate to a record low of -0.5%, while promising that rates would stay low for […]
Citigroup, gold can be record high
Analysts write that “Nominal or lower nominal interest rates for longer and real; global recessionary risks – exacerbated by US-China […]
