Browsing Tag

FOMC

Orbex Market Flash

The US Dollar was pushed lower still this week as recent comments from Fed chair Powell weighed on investor sentiment. Yesterday at the Senate banking committee, the Fed chair told lawmakers that the Fed is in “no rush” to lift policy rates… Read More

Weekly Metals Wrap

Gold The yellow metal saw volatile trading this week. After initially trading up to its highest level since April 2018, gold prices then catapulted back lower. This came following the release of the FOMC meeting minutes which saw traders… Read More

January NFP Review

Despite initial weakness in response to the January FOMC meeting last week, where the Fed struck a more dovish tone, USD was able to stage a recovery late in the week. This came as the January Non-Farm Payrolls report rang in stronger than… Read More

Orbex Market Flash

As expected, the Fed kept policy unchanged at its first FOMC meeting of the year yesterday. However, the reaction was broadly one of disappointment from USD bulls, as the Fed seemed to take a more dovish tone in its statement and press… Read More