Forexlive Americas FX news wrap: No pushback from Powell, gold hits a record
Powell: FOMC is ‘moving forward carefully’ as risks around rates becoming more balanced Powell Q&A: Inflation is still well-above target but moving in the right direction US November ISM manufacturing…
Read More »FOMC: Restrictive Policy for Some Time
USDIndex on Wednesday [11/10] fell -0.04% and recorded a 2-week low, while declining bond yields on Wednesday weakened the dollar as the yield on 10-year T-notes also fell to a…
Read More »Forexlive Americas FX news wrap: USD/JPY gives some back on soft data
<ul><li><a href="https://www.forexlive.com/news/us-sp-global-services-pmi-444-vs-468-expected-20221216/">US S&P Global services PMI 44.4 vs 46.8 expected</a></li><li><a href="https://www.forexlive.com/centralbank/feds-williams-were-well-on-the-way-to-where-we-need-to-be-20221216/">Fed's Williams: We're well on the way to where we need to be</a></li><li><a href="https://www.forexlive.com/centralbank/feds-mester-recent-inflation-data-is-welcome-news-20221216/">Fed's Mester: Recent inflation data is welcome…
Read More »Market Update – August 12
USDIndex lifted to 105 after dropping to a low of 104.50 after the early data, but is still heading for a weekly loss amid trimmed back expectations for the Fed’s…
Read More »Forexlive Americas FX news wrap: Market senses a less-hawkish Fed
UMich final 5-year inflation expectations 3.1% vs 3.3% prelim US May new home sales 696K vs 588K expected Fed’s Daly: We don’t need to think about the end-point for the…
Read More »Heavy losses into the FOMC! What to expect
In the US the big event is the FOMC meeting (Tuesday, Wednesday) where a half point rate increase is universally anticipated. Concurrently, there is a heavy economic calendar too that will help gauge…
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