Federal Reserve — News Archive

Dollar Drops After Fed Minutes, Rebounds

The US dollar was mixed today after the release of the Federal Reserve minutes. The currency sank after the event even though the notes were rather hawkish. Yet the greenback bounced back almost immediately after the initial decline.

Canadian Dollar Down as Traders Wait for Fed Minutes

The Canadian dollar fell today against its major peers as the drop of crude oil prices continues to weigh on the currency. Additionally, traders were unwilling to buy risky currencies tied to economic growth ahead of the release of Federal Reserve policy meeting minutes.

NZ Dollar Flat as Traders Wait for Fed Minutes

The New Zealand dollar was trading flat during the current trading session as traders wait for monetary policy minutes from the Federal Reserve.

EUR/USD Drops Below 1.07 on Paris, Policy Divergence

Euro continues to fall against its major counterparts as more analysts and traders expect to see additional easing from the ECB. Also weighing on the 19-nation currency is the aftermath of the attacks in Paris.

Euro Continues to Struggle on Stimulus Expectations

The eurozone once again missed estimates for GDP and officials continue to talk about more stimulus. As a result, the euro is once against struggling against many of its major counterparts in Forex trading.

Greenback Clings to Gains After Retail Sales Data

US dollar is clinging to earlier gains following the release of disappointing retail sales data. The dollar index is higher today, even with the disappointing news and disappointment in the lack of stronger signals from the Federal Reserve.

Dollar Pulls Back on Uncertainty Over Fed

Expectations for the US dollar are dwindling today as Forex traders question the impact of a Fed rate hike in December, and as uncertainty over whether or not December’s rate hike will lead to further hikes sets in.

Greenback Consolidates Some of Its Gains

Greenback is consolidating some of its gains, looking to prepare for what many expect to be a strong bull run. While the dollar might be a little lower against some of its major counterparts, like the euro, the greenback is expected to break out at some point in the future.

US Dollar Ends Week with Huge Gains After Non-Farm Payrolls

The US dollar soared during this week, climbing more than 2 percent against its major counterparts, thanks to the impressive non-farm payrolls. The positive employment data fueled expectations of a December interest rate hike from the Federal Reserve.

Dollar Soars After NFP, Market Readies for December Hike

The US dollar surged 1.5 percent versus the euro and soared against other major currencies as well today after the release of very strong non-farm payrolls. Now, the market is pricing in a December rate hike that looks very probable.



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