federal reserve

Dollar falls as Powel says Fed can wait US stock market rallied on Wednesday as Federal Reserve held rates unchanged at a range of 2.25% to 2.50% and said it would be “patient” in determining whether to proceed with further tightening of monetary policy. The S&P 500 gained 1.6% to 2681.05. The...

Fed two-day policy meeting starts US stock market pulled back on Monday on disappointing earnings reports despite positive economic data. The S&P 500 lost 0.8% to 2643.85. Dow Jones industrial slid 0.8% to 24528.22 led by 9% drop in Caterpillar on missed earnings. The Nasdaq composite index...

ECB may continue quantitative easing The euro fell slightly on Friday after the head of the Bank of Finland and ECB member Olli Rehn announced that the European Central Bank could launch a new quantitative easing program (TLTRO), if needed. Is there a possibility for the further decrease in the...

Dollar strengthens while inflation moderates US stock market remained in downturn mode on Monday on news US is ready to impose tariffs on China if trade talks fail. The S&P 500 slid 0.7% to 2641.25. Dow Jones industrial fell 1% to 24442.92. The Nasdaq composite index lost 1.6% to 7050.29. The...

The S&P 500 is almost set up for a correction after having traversed through a 5 wave Elliott wave primary wave progression. It was in 2013 when the stock index crossed over the dow jones commodity index that actually marked the expansionary cycle in the US economy. There is still some...

Toward the end of Summer, the Federal Reserve District of Kansas City hosts a central bankers meeting at beautiful Jackson Hole Wyoming. It was at this venue that Fed Chairman Bernanke announced in 2010 that he was about to embark on QE2. The effect of this stimulant was short lived. Now the...

Last Thursday's reports were a disappointment for the big money-market boys. For the fund managers and traders, expectations of an injection of loose money via quantitative easing is one delightful fantasy, and the recent dreams that the Fed, the ECB as well as the Bank of China would all expand...

The rally that pushed the dollar to the highest levels since 2006 is in danger of crumbling as the Federal Reserve starts buying Treasuries and ramps up its purchases of mortgage debt, adding to a flood of greenbacks. “The implications of today’s Fed decision are unambiguous,” currency...

The dollar traded near a two-month low against the euro on speculation the Federal Reserve will reduce the target interest rate for overnight lending to a record low today. The greenback was also near the weakest level in 13 years against the yen as the Fed may also provide details on whether...

The Australian and New Zealand dollars rose on speculation the Federal Reserve will cut interest rates by at least half a percentage point tomorrow, increasing demand for higher-yielding assets. The two currencies also extended last week’s gains as regional stocks climbed on optimism U.S...