Page 21 - Fed Chief News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gold, Crude Oil Forecast: XAU Eyes NFPs to Gauge Taper Timeline Appetite 2021-08-03 04:00:00 Thomas Westwater, Analyst Gold, Crude Oil, Commodities – Talking Points Gold prices eye Friday’s US non-farm payrolls report for direction NFP print key to Fed’s economic outlook, Jackson Hole in view Crude oil prices trade down to support at key moving average The price of gold is largely unchanged this week despite a lackluster US Dollar. Last week, gold prices rallied after Fed Chair Jerome Powell tempered hawkish expectations for tapering later this year. The Fed Chief cited the labor mark...

7/28/2021 11:01:12 PM GMT | By Ross J Burland Gold prices are steady at critical daily support post-Fed statement. A benign statement has left markets at a standstill, awaiting Fed's chair presser.  Update: Having posted the heaviest daily closing in over two weeks, Gold (XAU/USD) holds onto Fed-led upside momentum around $1,808, gaining 0.10% intraday amid the early Asian session on Thursday. The yellow metal showed no major reaction to the Federal Open Market Committee (FOMC) statement. However, the broad US dollar weakness after Chairman Jerome Powe...

Chinese Yuan Forecast: Q2 GDP Key to Gauge PBOC, USD/CNH Outlook 2021-07-14 23:00:00 Thomas Westwater, Analyst Chinese Yuan, PBOC, Gross Domestic Product - Talking Points Asia-Pacific markets may recover after Wall Street bounces China’s Q2 GDP in focus as traders gauge path for PBOC policy USD/CNH falls to fresh monthly low but finds support at EMA Thursday’s Asia-Pacific Outlook The Asia-Pacific trading session is set for a busy day, with several potentially hard-hitting economic events on tap. Australia’s June employment report will cross the wires at 01:30 GMT. Analysts are lookin...

3/6/2021 6:47:11 AM GMT USD/JPY recorded the third straight weekly gain. The rally in Treasury yields served as the key catalyst. Overbought conditions on the daily chart warrant caution. The rally in USD/JPY that kicked-off from around 105.00 gained further momentum over the last week, in what markets witnessed a parabolic rise. The major settled Friday near 108.35, gaining almost 200-pips or 1.65% on a weekly basis. The pair hit the highest levels in 12 months on Friday at 108.64 before easing slightly into the weekly closing. USD/JPY’s upsurge was mainly powered by the resumption of the ...

CANBERA (dpa-AFX) - The U.S. dollar extended gains against its key counterparts in the European session on Friday, after a report showed that the nation's job growth accelerated more than expected