FOMC

Gold The yellow metal has fallen back lower over the course of this week’s trading. Price is backing away from the 2020 highs which the metal was fast approaching ahead of this week’s sell-off. The sell-off comes despite a weaker… Read More

The US Federal Reserve, in another emergency move, cut interest rates by a full 100 basis points on Sunday, 15th March. The central bank also announced a restart of its quantitative easing program. According to the new QE, the Fed… Read More

The Federal Reserve Bank will be releasing the meeting minutes from the January Fed meeting. The central bank held its monetary policy meeting on January 29th, 2020. At the meeting, the central bank voted to keep interest rates steady at… Read More

Better Data Boost Dollar The US dollar has been helped higher once again this week, ahead of the FOMC later today. Yesterday, the conference board consumer confidence index printed a robust 131.6 reading against the prior and expected… Read More

The Federal Reserve Bank will be concluding its two-day monetary policy meeting today. Heading into the interest rate decision, the consensus is loud and clear that the Fed will not tinker with the Fed funds rate, leaving them steady at… Read More

USD Higher Ahead of CPI The US dollar has started the day in the green with the index rallying up to 97.16 as of writing. Looking ahead today, US CPI data is the main data print today. The headline reading is expected to have grown at just… Read More

The meeting minutes from the December 11th monetary policy meeting will be released today by the Federal Reserve bank. The Federal Reserve Bank kept interest rates steady in December at 1.50% - 1.75%. Investors will be looking to today’s… Read More