Monthly Archives: January 2024
41654156156Anticipated Fed Interest Rate Decision
Written on January 26, 2024 at 2:18 am, by jonywang
Wednesday, 31 Jan,21:00 – US Fed Interest Rate Decision Economists suggest the U.S. Federal Reserve may delay interest rate cuts until the second quarter, with June more likely than May. This adjustment follows comments from Fed Chair Jerome Powell last month, initially shifting expectations to March. Thursday, 1 Feb,14:00 – BoE Interest Rate Decision TheContinue Reading
Dollar Holds Steady, All Eyes On US GDP Release
Written on January 25, 2024 at 4:16 am, by jonywang
Amidst positive US economic indicators, the Dollar Index remains stable, dampening expectations for a Federal Reserve rate cut. Amidst positive US economic indicators, the Dollar Index remains stable, dampening expectations for a Federal Reserve rate cut. Robust US equity markets, fueled by strong corporate results, counter rising Treasury yields. Gold faces downward pressure due toContinue Reading
U.S. Dollar Edges Higher Ahead Of GDP
Written on January 24, 2024 at 5:37 am, by jonywang
In the financial markets, the U.S. long-term treasury yield held firm above 4.1%, contributing to a slight uptick in the U.S. dollar’s value on the previous day. In the financial markets, the U.S. long-term treasury yield held firm above 4.1%, contributing to a slight uptick in the U.S. dollar’s value on the previous day. InvestorsContinue Reading
