Fed Archives - Prices Inn

3 Minutes

Forex

US Consumer Confidence Preview: Confidence remains down, but DXY aims up

News May 29, 2023 0 Comment

Share: CB Consumer Confidence is expected to have shrunk in May to 99.1. Uncertainty about the Federal Reserve’s next steps undermines the US Dollar’s strength. The Dollar Index has room to extend...

2 Minutes

Forex

Gold Price Forecast: XAU/USD struggles to surpass $1,950, upside seems favored as US debt dynamics modify

News May 29, 2023 0 Comment

Share: Gold price is facing delicate hurdles around $1,945.00 despite the USD Index has retreated from 104.20. A downgrade in the US long-term credibility would have a negative impact on the USD...

3 Minutes

Forex

Gold Price Forecast: No relief for XAU/USD buyers despite the US debt deal

News May 29, 2023 0 Comment

Share: Gold price is back in the red, testing the critical 100-Daily Moving Average support at $1,934. The US Dollar pulls back with the US Treasury bond yields on United States debt...

2 Minutes

Forex

EUR/USD pares losses to 1.0730 on optimism for US debt deal amid quiet markets

News May 29, 2023 0 Comment

Share: EUR/USD prints the first daily gain in five around the lowest levels in 10 weeks. US Dollar retreats as policymakers deliver debt ceiling agreement, challenges to passage prod the Euro buyers....

2 Minutes

Forex

USD/CAD rebounds from 1.3600 as US White House reaches bipartisan with Republicans

News May 28, 2023

Share: USD/CAD has shown recovery from 1.3600 as the White House has made an agreement with Republicans on a US debt-ceiling raise. US President Joe Biden made no compromise on the US...

2 Minutes

Forex

Gold Price Forecast: XAU/USD turns volatile after facing barricades around $1,950 amid hawkish Fed bets

News May 28, 2023

Share: Gold price has faced selling pressure around $1,948.00 as the Fed could raise interest rates further. US President Joe Biden is scheduled to deliver remarks on the budget agreement at 10:25...

1 Minute

Forex

Fed’s Mester: PCE data underscores slow progress on inflation

News May 26, 2023

Share: In an interview with CNBC on Friday, Federal Reserve Bank of Cleveland President Loretta Mester said that the Personal Consumption Expenditures (PCE) Price Index released on Friday underscored the slow progress on...

5 Minutes

Forex

EUR/USD Weekly Forecast: A debt ceiling deal can save bulls

News May 26, 2023

Share: Concerns about the US debt ceiling maintained markets in risk-off mode. United States data suggest the Federal Reserve could extend the tightening cycle. EUR/USD bearish case deepens, but sentiment has the...

1 Minute

Forex

Stocks recover ahead of holiday weekend

News May 26, 2023

Share: Stock markets recovered on Friday as traders cashed in profits on their recent shorts and as talks between President Joe Biden and House Speaker Kevin McCarthy appear to be inching closer,...

4 Minutes

Forex

Strong data could mean we’re not out of the woods with rate hikes

News May 26, 2023

Share: Summary Consumer spending, core capital goods orders and inflation all picked up speed in April, making the Fed’s task of getting inflation under control more difficult. While we recently pared our...