Federal Reserve Archive
An employment report waited during all the week and released today frustrated analysts bringing weaker-than-expected figures for the U.S. economy, pulling the dollar down versus most of the 16 main traded currencies.After the non-farm payrolls report i...
The aussie dollar reversed recent losses yesterday after positive US GDP data encouraged investors to buy-back into perceived riskier currencies. - The aussie pulled back nearly two cents, or 1.0%, bringing the sterling/aussie pair back down to trade around 1.80 …
According to the report of the Federal Reserve Bank of Chicago, the indicator of economic activity in the U.S. rose in September and overcame a critical point, which indicates a recession.Note that the index of national activity is calculated on …
The single currency pushed higher once again as the greenback suffered from rising appetite in the wake of positive economic signs.- The dollar initially made after ECB President Trichet said that the US government and the Federal Reserve should pursue …
Crowding lenders and borrowers are wary explain a decline in lending in the United States. The worst times for the U.S. financial markets may be left behind, but the markets are still abnormal. Bill Dudley (Bill Dudley), head of …
The single currency recovered some of the losses it incurred on Friday, gaining over half a cent against the greenback as risk appetite in the market strengthened.- Rallying equities yesterday, which have been boosted by stronger commodity prices and optimism …
The pound reversed its steady decline against the greenback yesterday as investors relinquished defensive positions ahead of today’s MPC announcement. - Cautious investors initially sought safety ahead of the two key central bank meetings today, putting pressure on the UK …
US Dollar: Optimistic Economic Outlooks to Meet Hard Facts This Week Fundamental Outlook for US Dollar: Bullish- The Federal Reserve left rates unchanged, but signaled a more optimistic outlook- University of Michigan consumer confidence jumped to a 21...
The greenback continued to rally against the single currency yesterday, buoyed by a rise in risk aversion, to close the day at 1.4660. - The dollar was under pressure yesterday after Wednesday night’s Federal Reserve meeting left investors with the …
The US Federal Reserve yesterday upgraded its assessment of the U.S. economy, saying growth had returned after a deep recession. As expected, the Fed kept its target for its federal funds rate set at a range of zero to 0.25%. …
Following two relatively peaceful trading days, today is filled with news publications from the major economies. Starting at 06:45 and until 09:00 (GMT) traders are advised to follow the news events from the Euro-Zone. Later on, the Crude Oil Inventori...
This month investors have increasingly moved to riskier assets like stocks, commodities and higher-yielding currencies, as concerns about a ballooning U.S. fiscal deficit and low Interest Rates have fueled Dollar selling. The Federal Open Market Commit...
The U.S Dollar struck a one-year low against a basket of currencies on Wednesday, as investors reduced dollar holdings on views that the U.S. currency may weaken for now due to pessimism over the U.S. economy. Investors have been selling …