Gold Price Outlook Hinges on Fed Rate Decision & Forward Guidance
The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary…
Read More »Dow Jones Marches Lower After FOMC Minutes, Sentiment Turns to AU Jobs Report
The Dow Jones extended losses seen earlier in the week following the FOMC Minutes. Market sentiment looks at tonight's Australian jobs report.
Read More »The Federal Reserve says all its services are back to normal
This from earlier: The Federal Reserve payment system is down Fed announcing now that systems are back online and back to normal.
Read More »Gold Price Forecast: Dovish FOMC Could Underpin Bullion Ahead of NFP
Gold prices could claw back lost ground ahead of the non-farm payrolls report for November, buoyed by a dovish FOMC, falling real yields and rising inflation expectations.
Read More »EUR/USD settles in the middle of the consolidation range post ECB and in anticipation of the FOMC
EUR/USD has had an interesting week, to say the least. There have been Brexit woes to deal with but the pair managed to hold up after the ECB meeting.
Read More »NZD/USD Rebound Fizzles as FOMC Minutes Foreshadow Change in Guidance
NZD/USD pulls back from the weekly high (0.6651) as the Federal Open Market Committee (FOMC) Minutes foreshadow a change in the forward guidance for monetary policy.
Read More »EUR/USD Rally Pushes RSI Into Overbought Zone Ahead of FOMC Minutes
It remains to be seen if the FOMC Minutes will derail the EUR/USD rally as the Relative Strength Index (RSI) climbs above 70 for the fourth time this year.
Read More »FOMC meet this week – another gold support coming up
I posted earlier on the Fed Roadmap and its support for gold: Guggenheim’s Minerd likes gold – "accumulation of gold … a responsible policy response" A snippet along the same…
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