AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions
The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass another round of fiscal stimulus.
Read More »Gold to Retain Inverse Relationship to USD on Dovish Fed Guidance
The price of gold may continue to exhibit an inverse relationship with the US Dollar as the Federal Reserve retains a dovish forward guidance for monetary policy.
Read More »Fed’s Daly reaffirms very loose FOMC monetary policy
President of the San Francisco Federal Reserve branch Mary Daly spoke earlier, from the Q&A now. Says will not trade millions of jobs just to avoid lifting stocks.
Read More »Consumer Price Index: Why it’s Important to Traders
During September 2020 Federal Reserve monetary policy meeting, the central bank made a big deal of targeting its inflation objective. The Fed has determined that it needs to do whatever…
Read More »Gold Price Analysis: Still sideways leading into next week
Gold has had another tough week as the Fed disappointed the market with no real additional information about the new policies. There was one thing of
Read More »NZD/USD Outlook: Tilt in Retail Sentiment Persists Ahead of FOMC
The crowding behavior in NZD/USD persist ahead of the Fed rate decision even though the central bank prepares to release the updated Summary of Economic Projections (SEP).
Read More »Why Traders Should Care About The Federal Reserve in 2020
With a temporary shutdown of a large portion of the United States economy and high unemployment, the stock market continues to rise. Things are confusing, and lots of people…
Read More »EUR/USD Forecast: August Low Remains on Radar Following Fed Symposium
The August low (1.1696) remains on the radar for EUR/USD as the Relative Strength Index (RSI) retains the downward trend established earlier this month.
Read More »Durables present a potential GDP surge in Q3
The 11.2% July durable goods orders surge sharply exceeded estimates, following gains of 7.7% (was 7.6%) in June and 15.1% in May, led by increases of 35.6% for transportation after…
Read More »Goldman Sachs preview Powell’s Jackson Hole speech coming up on 27 August
Federal Reserve Chair Jay Powell will speak at the Jackson Hole (virtual) symposium.at 9.10am NY time Thursday (1310GMT) Earlier previews of the event:Goldman Sachs say they expect Powell to reveal…
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