News and Analysis of Events and Decisions Made at the US Federal Reserve (the US Fed)
Global financial markets are entering a key period in the week starting 13th June with as the US dollar comes into focus with the US Federal Reserve policy meeting being the highlight.
Pound sterling is moving sharply higher against a raft of currencies however the dollar is in demand too, ensuring the potential for a stalemate in GBP/USD to emerge.
The US dollar could be in for a decent mid-year period as sentiment amongst US Federal Reserve appears to be heading in a pro-USD direction.
The euro to dollar exchange rate is forecast to retain current levels as the US Federal Reserve fails to pull the trigger to a US dollar recovery.
The dollar could recovery over coming months as overly-pessimistic markets are forced into accepting up to two Federal Reserve interest rate rises in 2016 it is argued.
Researchers have discovered that people are less stressed by the knowledge that something bad will happen than by the uncertainty of not knowing what is coming.
The Pound has been making a quiet recovery over the past week, with the UK currency tracking marginally higher against the Buck over that time frame.
The pound to dollar exchange rate (GBPUSD) has bounced by an eye-opening 0.8% in the wake of the US Federal Reserve’s March policy meeting.
The Fed took a stand against pessimism in their last meeting minutes and recent market indicators have responded by pricing in a chance of a November rate hike.
The main piece of data out this week for the dollar is Janet Yellen's testimony to the House and Senate, we review what key analysts are predicting she will say.
Despite a dovish tone and focus on internationalia in the FOMC statement, the dollar reacted to the news in ambiguous ways.
In the run up to Wednesday's FOMC markets have drastically lowered the probabilities of a Fed rate hike either in January or in March, but some analysts are saying they are wrong.
Division persists in the Federal Open Market Committee (FOMC) but October minutes show there are clear signs and support of a December interest rate hike.
It looks increasingly certain that the U.S. Federal Reserve will hike interest rates for the first time in nine years in December.
The focal point in the global currency markets this month was undoubtedly the Federal Reserve’s decision to keep interest rates unchanged at its September meeting.
Policy divergence between the US Federal Reserve and the European Central Bank will pressure the euro to dollar exchange rate (EURUSD) below 1.00 over the course of the next year.
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