US Dollar slumps following October US jobs report
The US dollar declined on Friday after the release of the October US jobs report, as tightening of US monetary policy is expected next year. The US dollar lost some ground on Friday in the wake of the October US More...
The Fed indicate dollar firmness and global economic slowdown as threats to US recovery
The Federal Reserve minutes released on Wednesday show central bankers’ anxiety about the strong US dollar and the global economic slowdown. The minutes released of the Federal Reserve’s last policy meeting, More...
US dollar gains as Fed’s monetary path diverges from the ones of ECB and BOJ
The US dollar traded higher against other major currencies on Wednesday, with investors eager to see the anticipated end of the Fed’s bond-purchasing program. The US dollar traded higher against other major currencies More...
ECB struggles to salvage euro zone from deflation, while the Fed sees US economy recovering
As the ECB is to announce a new attempt to steer the euro zone away from deflation, US jobs data to be released on Friday are expected to show the US economy is recovering, and the time has come for the Fed to suspend More...
Fed reassures it is sticking to zero rates, but projections point to steeper rate hikes
On Wednesday the Fed assured it is pursuing very low interest-rate policy for “considerable time”, but the new projections give a clue of more aggressive rate hikes to come. The Fed announced once again on More...
China’s PBOC boosts liquidity joining ECB, while US Fed is expected to reduce stimulus
The People’s Bank of China injected funds into China’s largest banks, signaling utmost concern over the economic slowdown, thus joining the ECB; the Fed is expected to announce the successive cut in its monthly More...
Is the dollar rally set to continue or a correction is ahead: it all depends on the Fed
Dollar bulls hold their breath, keenly awaiting Fed’s message today; the AUD/USD recovery should not be viewed as a game changer because further losses for the Aussie seem inevitable. The US dollar keeps on floating More...
Gold slumps to 8-month low on Fed monetary tightening fears
Bullion continued its losing streak on the Comex division of the NY Mercantile Exchange and silver did likewise, as a survey fueled bets the Fed may signal a rate hike on its policy meeting next week. On the New More...
Factors impacting major currencies explained: Part 2, the US Dollar
Federal Reserve (Fed) The US central bank, with complete independence regarding monetary policy, is striving towards maximum non-inflationary growth. Fed policy signals comprise mainly open market operations, discount More...
The USD/JPY extends its rally despite slightly decreasing Japanese machinery orders
The USD/JPY momentum pushed the pair further north to more than 6-year highs; the US dollar retained its strength against other major currencies owing to bets the Fed would hike rates earlier than previously anticipated. The More...
