Posts Tagged ‘FOMC minutes’
-
LATEST ARTICLES
 

Gold Outlook: 7/2

by Christopher Lemieuxon July 2, 2014 11:00 am BST
Gold remains elevated, as traders support the precious metal above $1,300 for the last two weeks. Gold has seen demand on an overly dovish Federal Reserve, which looks to prolong their near-zero interest rate policy that has been employed for the last six years. This has caused the US dollar to steadily weaken, which has […]

US Dollar Loosing Traction on Rate Debate

by Christopher Lemieuxon June 23, 2014 4:58 pm BST
The US dollar is loosing traction after last week’s FOMC minutes statement, which indicated the US economy is too weak to raise the Fed funds rate anytime soon. Fed chairwomen Janet Yellen said it would be “considerable time” before interest rates would be pushed higher. Dollar bulls have currently exited, as today’s existing home sales […]

Gold Remains Elevated After Fed’s Dovish Stance

by Christopher Lemieuxon June 18, 2014 9:26 pm BST
Gold prices remain in positive territory after the Federal Reserve decided the US economy was strong enough to continued the reduction in monthly asset purchases to $35 billion, but the FOMC minutes statement relayed a continued dovishness as the central bank has decided to keep the short-term interest rates near zero. The decision to keep […]

EURUSD Price Action Hits Supply Zone Amid FOMC Outlook

by Christopher Lemieuxon June 18, 2014 9:15 pm BST
The dollar weakened after the Federal Reserve reduced their outlook on growth in their FOMC minutes, while holding their short-term interest rates near zero. The Fed decided the economic was strong enough to continue their reduction in asset purchases from $45 billion per month to $35 billion per month, yet, with a balance sheet of […]