Yearly Archives: 2023
Market Mutes Ahead Of FOMC Statement
Written on September 20, 2023 at 5:44 am, by lishitong
Awaiting the FOMC interest rate decision, the dollar index halts, reflecting market expectations of today’s announcement may bring a temporary pause. In the lead-up to today’s eagerly awaited FOMC interest rate decision, market volatility has remained relatively subdued. The dollar index maintains its position above the $105 mark, reflecting market expectations of another rate hikeContinue Reading
Gold Prices Continue To Surge Ahead Of The FOMC Statement
Written on September 19, 2023 at 5:35 am, by lishitong
Gold prices have been increasing since last Friday, driven by widespread market expectations that the Fed will maintain its interest rates in September. The Dollar Index has remained relatively stable but at a robust level above the $105 threshold. This steadiness aligns with the prevailing sentiment in the equity markets as investors await the forthcomingContinue Reading
Dollar Dips As Investors Take Profits Ahead Of FOMC Meeting
Written on September 18, 2023 at 5:57 am, by lishitong
The US dollar recently retreated as investors capitalized on upbeat US economic data where 97% anticipate interest rates will remain stable. The US dollar recently retreated as investors capitalised on upbeat US economic data before the Federal Reserve’s forthcoming policy meeting, where 97% anticipate interest rates will remain stable. Simultaneously, gold rebounded after a briefContinue Reading
