Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar
In the world of finance, words can sometimes be as powerful as actions. Known as “Fedspeak”, the speeches, statements, and even subtle remarks made by key figures within the Federal Reserve can cause significant ripples or even tidal waves across global markets.
US Dollar Sinks on Weak Data & Powell’s Remarks, Jobless Claims Eyed Before NFP
The U.S. dollar moved lower on Wednesday, pressured by a combination of weaker-than-expected economic figures and dovish signals from Federal Reserve Chair Jerome Powell.
Pound Sterling Update: GBP/USD Lifts Higher, GBP/CHF Treads Carefully
Sterling boasts a strong interest rate differential, but encouraging inflation data has undermined the currency somewhat. UK data is light but NFP ought to shake things up
US Crude Oil Prices Surge As Market Seems Sure OPEC Cuts Will Stay Put
The oil market is on a tear this year, but prices’ long rally is starting to look as if it might need a rest.
Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities Outlooks
The second quarter of the year looks set to bring renewed volatility to a wide range of assets classes as a slew of central banks look set to pull the trigger on interest rate cuts.
Gold Price Achieves Another All-Time High as Safe Haven Appeal Ramps up
Gold volatility has been on the rise, buoyed further by the recent escalations in Russia and the Middle East adding to the metal’s safe haven appeal
US Dollar Stumbles Before Key Jobs Data; Setups on EUR/USD, USD/JPY, USD/CAD
The upcoming release of the March U.S. jobs report is set to inject considerable volatility into financial markets and could have a decisive impact on the performance of the U.S. dollar in the near future.
Brent, WTI Reach Yearly High amid Escalations in Russia and Middle East
A drone strike on Russian oil infrastructure and Israel’s targeted attack on the Iranian embassy in Damascus helped maintain oil’s recent rise ahead of the OPEC meeting
British Pound Bounces As Manufacturing Scrapes Back Into Growth
Sterling was knocked by some surprise strength in US output and remains under pressure despite some domestic expansion.
US Dollar Rallies, EUR/USD Slumps, Gold Continues to Push Ever Higher
The US dollar is trading at a multi-month high after data showed that inflation in the US is creeping higher. Despite higher US Treasury yields, gold continues to eye a fresh record high.