Federal Reserve (FED)

Dollar Reprieve, But for How Long? The greenback reversed by 0.28% yesterday, bouncing of the 90 handle. Investors have gained confidence about Biden’s proposal being voted on by the end of the month. However, analysts were quick to…
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A lot has changed in the US since the last time the FOMC sat down to discuss its monetary policy. The new year has brought with it a change in optimism and a reorientation regarding the country's outlook. But, macroeconomic data hasn't…
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Last Week’s Highlights US Retail Sales Rise 0.6% in August The monthly retail sales report showed that American consumers continued to increase spending on retail items in August. The report showed a fourth consecutive monthly…
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FOMC Takes Centre Stage Manufacturing production in the US expanded less than forecast as the US index steadied itself above 93. Meanwhile, the US dollar will hinge on guidance from Fed chair Jerome Powell at today’s FOMC meeting. We…
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There has been a lot of speculation about what the FOMC could decide at their two-day rate decision meeting which ends tomorrow. Interest rates, as expected, are likely to remain the same. However, there has been a lot of talk…
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Last Week’s Highlights Eurozone Economy Contracts Less than Forecast in Q2 The revised Q2 GDP data from the eurozone had some good news. Economic activity fell at a slower pace than initially reported. The Eurozone's GDP fell at a pace…
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Dollar and Euro Await ECB Meeting The risk aversion that boosted the Greenback over the past week took a step back on Wednesday. The attempted push towards the 94 area faltered as it closed 0.32% lower. Dollar bulls took a breather…
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After the latest from the Fed's policy outlook, there is a renewed focus on employment figures from the US. Expectations are for jobs to be the guiding light of monetary policy, and therefore the dollar, for at least the next year.…
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Classic economics indicates that if you expand the monetary base, inflation soon follows. Expanding the monetary base is the technical term for "printing money". The Fed does this in many ways, such as buying bonds. Another classic…
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US Wakes Up to Uncertain Recovery The US index finished indecisively yesterday as it failed to close above the 93 handle again. The first day of the Jackson Hole Symposium concluded with the Federal Reserve adopting a new strategy for…
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