Tag: fed

Fed, also known as Federal Reserve, is the central bank of United States. It is one of the most powerful institutions in the world, actions of which affect almost anyone on the planet.

USD/JPY plunges after Chinese protests

USD/JPY plunges after Chinese protests

Volatility returned on Monday, with investors buying the "safe-haven" JPY and pushing USD/JPY to three-month lows.
Should central banks buy Bitcoin? Harvard paper suggests so

Should central banks buy Bitcoin? Harvard paper suggests so

A Harvard paper published by Matthew Ferranti suggests central banks could use Bitcoin as a hedge asset, which has undeniable pros.
Gold looks ready to re-visit monthly highs

Gold looks ready to re-visit monthly highs

Gold aims towards revisiting monthly highs as Fed hints slower hawkish sentiment. Weaker dollar sends investors to shiny metal safe heaven.
US markets higher today thanks to news from Fed

US markets higher today thanks to news from Fed

US markets revived as Fed talks about slowing down rate hikes. Traders are still unsure how high the peak rate will end. Dollar weakens across the board.
Gold losses steam and erases gains

Gold losses steam and erases gains

After the rocket move from the beginning of the month, gold lost pace and erased gains due to the strong US Dollar.
Fear over demand outlook pushes Crude Oil down

Fear over demand outlook pushes Crude Oil down

The big cities in China struggle to control outbreaks and JP Morgan projected a mild recession in the US, putting pressure on oil prices.
Fed has started its 12-week test of digital dollar

Fed has started its 12-week test of digital dollar

Several commercial banks will help Fed with the test of the digital dollar in the United States. This is the first test of a CBDC in the US.
USD/JPY advances back above 140

USD/JPY advances back above 140

The immediate outlook for the USD is not positive anymore as it faces some strong resistances.
USDJPY defends 145 support, awaits US CPI data

USDJPY defends 145 support, awaits US CPI data

Volatility is expected to be elevated after today's US inflation data.
Fed’s dovishness elevated gold toward $1 700

Fed’s dovishness elevated gold toward $1 700

The comments after Fed's rate decision elevated gold toward $1700. All eyes are now on Thursday's inflation data.