Australian dollar jumped higher after the Reserve Bank of Australia +25bp rate hike
<p>The post on the Reserve Bank of Australia policy decision is here:</p><p class="article-slot__title title top"><a href="https://www.forexlive.com/centralbank/australia-rba-raises-the-cash-rate-by-25bp-to-335-as-expected-20230207/" rel="follow" target="_self" class="article-link">Australia – RBA raises the cash rate by +25bp to 3.35%, as expected</a></p><p>The statement from Reserve Bank of Australia Governor Lowe sounded a hawkish note, stating cleary the Board expects further rate hike increases (i.e. more than […]
Morgan Stanley expect the Federal Reserve to pause at the March meeting – ‘disinflation’
At his press conference following the Federal Open Market Committee (FOMC) statement on Wednesday Federal Reserve System Chair Powell mentioned the “disinflation” word 13 times. After the December FOMC meeting, at his presser, Powell said that word, let me count, zero times. For those divining nuance from the words of a Fed Chair this is […]
US Federal Reserve, ECB and BoE likely to raise interest rates
The attention of investors and traders will be drawn to the US Federal Reserve (Fed), European Central Bank (ECB) and Bank of England (BoE) monetary policy meetings scheduled for today and tomorrow. Market analysts suggest that the three central banks are likely to raise their benchmark interest rates in order to reduce inflationary pressures. On […]
XAU/USD bulls could emerge ahead of Federal Reserve
Gold price hourly chart shows that the price is being jammed into the lows of the day. Gold price could see a short squeeze for the day ahead as traders get set for the Federal Reserve. The Gold price has drifted lower for a third day and is testing structure as we head towards key […]
No Federal Reserve speakers today. ECB President Lagarde is speaking.
At 1745 GMT, which is 1245 US ET ECB President Christine Lagarde is speaking at the Deutsche Börse Annual Reception. Lagarde has been hawkish: As have some of her underlings: And: ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW Source […]
XAU/USD bulls move in ahead of key events and pending Federal Reserve
Gold price runs higher within the consolidation and towards recent bull cycle highs. Gold price will now depend on key United States economic events ahead. The Federal Reserve is looming and all will be revealed at the start of February. Gold price has been a touch higher at the start of the week, digging into […]
Anticipating Federal Reserve Policy via Labor Market Reporting
The Job Openings and Labor Turnover Summary (JOLTS) numbers were released on Wednesday and the employment situation report is due on Friday. The impact of these reports on upcoming Federal Reserve guidance is something for traders to closely monitor as it carries implications for potential trading opportunities. Jim Iuorio joined NinjaTrader’s Jim Cagnina on a […]
Dollar hands back gains ahead of release of Federal Reserve minutes By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar weakened Wednesday, handing back some of the previous session’s outsized gains, with traders looking for fresh clues on future U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. At 02:55 ET (07:55 GMT), the , which tracks the greenback against a basket […]