Jerome Powell

Fed Chairman Jerome Powell is in a somewhat difficult position. This is likely to be expressed in the statement from the FOMC policy meeting and the subsequent press conference. There is a reason that he's been making public statements…
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The dollar has been trending to the downside, particularly since the new covid vaccines have been announced. As the economy recovers, one typically does expect safe havens like the US dollar to depreciate a bit. But there are several…
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There is increased market chatter that the release of the FOMC's minutes for their July meeting might set the ground for future policy changes. The results of the meeting were uneventful. However, there is speculation that the members…
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The much-anticipated testimony from Fed Chair Jerome Powell happened on Wednesday. As widely speculated, Powell made the case for a rate cut. This sets the stage for the July Fed meeting where interest rates could be lowered. Following…
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The Federal Open Market Committee is the entity at the Federal Reserve that makes monetary policy decisions, and so the opinion of its twelve members is important to consider when trying to figure out what the Fed might do in the future.…
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The U.S. Federal Reserve concluded its two-day monetary policy meeting last week. As widely expected, the central bank raised the benchmark interest rate by a quarter point. However, the central bank lowered its forecasts on future rate…
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Daily Forex Market Preview, 28/11/2017 The markets were seen trading rather mixed with the U.S. dollar identified as weakening. The euro briefly rallied to 1.1950 levels while gold prices rose close to the 1299 handle. On the economic…
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The ICE Futures US dollar index closed bullish this week, with prices settling on Friday at 95.73, marking a 2-month high. The dollar was supported by broadly improved fundamentals from the US and hawkish rhetoric from FOMC members over the…
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