Gold

USD Down Following Flat FOMC The US dollar has recovered so far across the European morning on Thursday following a sharp sell-off last night in reaction to the December FOMC meeting. The Fed kept rates unchanged, as expected. But, it… Read More

The Federal Reserve bank concluded its two-day monetary policy meeting on Wednesday. As widely expected, rates were left at the current levels. The central bank, in its forecasts, indicated that rates will remain at these levels. The… Read More

Major Volatility Risk For USD The US dollar is trading 97.49 last, heading into today’s US session. The USD faces a high risk of volatility today with both November CPI and the FOMC meeting due. Inflation is forecast to have grown at 0.2%… Read More