Page 33 - Quantitative Easing News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Sunday in an interview on CBS that it’s premature to declare victory in the central bank’s inflation fight, and the decisions on interest-rate cuts would be dependent on economic data.

The Euro (EUR) stages a mild recovery on Monday, favoured by a weaker US Dollar and a moderate risk-on sentiment.

The market is trying to bully the Fed into declaring victory over inflation

There is “still a long way to go”. It is “too early to start cutting”, and there may even be “further tightening” in the months ahead.

Gold price keeps consolidating with the US Dollar depressed following the Fed’s dovish turn.

Gold price (XAU/USD) struggles to capitalize on its gains registered over the past two days and oscillates in a narrow trading band below the $2,040 level during the Asian session on Thursday.

The Japanese Yen (JPY) hit a fresh weekly high against the US Dollar (USD) during the Asian session on Thursday in reaction to a report that the Bank of Japan (BoJ) may exit its negative rate policy sooner than anticipated, between January and March.

The US Dollar (USD) enters a second day with a very harsh correction that started Wednesday during the speech from US Federal Reserve (Fed) Chairman Jerome Powell. Markets disregarded all the remarks on the possibility

The Canadian Dollar (CAD) is extending into a second straight day of gains against the US Dollar (USD) on Thursday as global markets see a broad improvement in risk appetite.