Dollar declines, euro rises. Forecast as of 01.02.2023
2023.02.01 2023.02.01 Dollar declines, euro rises. Forecast as of 01.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Due to the later lifting of COVID-19 restrictions, the eurozone lagged behind the US in economic growth in 2021, but in 2022 it caught up with its counterpart. The same applies to the monetary policy of the Fed and the ECB. How does its […]
Dollar slumps to 9-month low on expectations of dovish Fed pivot By Investing.com
© Reuters. By Ambar Warrick Investing.com– The dollar tumbled to a nine-month low against a basket of currencies on Thursday, even after the Federal Reserve reiterated its commitment to keep hiking interest rates, with markets betting that the ensuing economic headwinds will force the bank into cutting rates as soon as this year. The slumped 1% […]
Dollar and VIX Slump After Fed Hike, Watch EURUSD and Doubt Trends
FOMC Rate Decision, Nasdaq 100, VIX, US Dollar and EURUSD Talking Points: The Market Perspective: USDJPY Bullish Above 132.00 The FOMC rate decision ended as expected with a 25bp hike to a range of 4.50-4.75 percent, but the reiterated warnings of further hikes ahead didn’t sway the markets A Dollar tumble seems caught up in […]
US Dollar bears celebrate Fed’s dovishness
What you need to take care of on Thursday, February 2: The US Dollar plummeted following the US Federal Reserve’s monetary policy decision. The central bank decided to hike its benchmark rate by 25 basis points (bps) as widely anticipated by market players. The statement showed that policymakers changed the wording on inflation, noting that […]
Dollar Looks to Jumps on Fed Decision!
All eyes are on the Federal Reserve as the next decision awaits. A 25-basis point hike is expected after months of aggressive rate hikes ensued last year. With the EURUSD testing 1.09 again, will we see a full recovery on the pair? Timestamps EURUSD 01:45 USDJPY 03:05 The post Dollar Looks to Jumps on Fed […]
Dollar flat ahead of Fed decision; risk of hawkish push-back seen By Investing.com
© Reuters By Geoffrey Smith Investing.com — The dollar was flat in early trading on Wednesday in Europe, with the markets becalmed ahead of the U.S. Federal Reserve’s policy decision later. By 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of advanced economy currencies, was at $101.84, down less than […]
U.S. dollar slips against euro ahead of Fed rate decision By Reuters
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Joice Alves and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar edged lower against the euro on Wednesday ahead of an eagerly-awaited Federal Reserve policy decision with investors hoping the U.S. central bank will signal the […]
Gold prices edge down as traders strap in for US Fed policy decision
By Kavya Guduru (Reuters) – Gold prices ticked lower on Wednesday as investors kept to the sidelines ahead of the U.S. Federal Reserve’s policy decision on its interest rate path due later in the day. Spot gold was 0.2% lower at $1,924.26 per ounce as of 0929 […]
Asia FX treads water as Fed meeting looms, dollar inches higher By Investing.com
© Reuters By Ambar Warrick Investing.com– Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of currencies, with the and advancing about […]
Gold set for third monthly rise on softer dollar, US Fed slowdown bets
By Seher Dareen (Reuters) – Gold prices on Tuesday were on track for their third straight monthly gain, helped by an overall weaker dollar and expectations around slower rate hikes from the U.S. Federal Reserve. Spot gold pared most of its earlier losses on the day, and […]