Federal Reserve — News Archive


US Dollar Mostly Rangebound Ahead of Jackson Hole

US dollar is mostly rangebound ahead of a meeting of central bankers later this week in Jackson Hole, Wyoming. Some expect Federal Reserve Chair Janet Yellen to express a readiness for an interest rate hike by the end of the year, and many are waiting to see what she says.

Yen Suffers from Fischer’s Comments

Riskier currencies reacted negatively to the comments that Fed Vice Chairman Stanley Fischer made on Sunday, but safer ones, like the Japanese yen, were also not immune to the impact.

Australian Dollar Firms After Opening Sharply Lower

The Australian dollar opened sharply lower against the US dollar and the euro at the start of this week’s trading, but as of now the currency is attempting to regain its footing.

Week Ends with Losses for US Dollar as Policy Outlook Mixed

The US dollar continued to be driven mostly by monetary policy outlook during the past trading week. Unfortunately for the currency, the outlook was not particularly supportive, though it has changed a bit by the weekend.

Dollar Remains Vulnerable After Fed Minutes

The US dollar remained weak today, falling for the fifth straight day against the euro, as the minutes released by the Federal Reserve continued to weigh on the greenback.

US Dollar Gains on Revived Hopes of a 2016 Rate Hike

US dollar is heading higher today, gaining as hopes are revived for another rate hike by the end of the year. Inflation numbers weren’t as low as expected, and many Forex traders are looking for reasons to be positive about the greenback.

US Dollar Drops as Fed Rate Hike Slips Further Into the Future

US dollar is heading lower against most of its major counterparts today as the latest data reduces that chances that the Federal Reserve will raise rates in the near future. Global stocks are higher and commodities are gaining, and these are factors weighing on the greenback.

Dollar Bounces as Non-Farm Payrolls Surprise Positively

The US dollar was moving down during the first half of Friday’s trading session but reversed the losses after the surprisingly positive employment report.

Greenback Gains Ground After Last Week’s Losses

US dollar is gaining some ground today, improving following last week’s losses. Forex traders are looking ahead to Friday’s nonfarm payrolls, and there are still expectations that the Federal Reserve may raise interest rates by the end of the year.

US Dollar Loses Ground Ahead of Fed Meeting

US dollar is losing ground today, ahead of a Federal Reserve meeting later this week. Forex traders are consolidating their positions and profit taking as they wait to see what the Fed’s tone indicates for future rate hikes in 2016.