Tag: fed decision
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Dollar steady ahead of Fed decision; focus on UK budget
Oct 28 : The US dollar held onto gains on Wednesday after reaching a two-week high ahead of the Federal Reserve’s interest rate decision, while sterling was in focus as investors awaited the Andy Burnham government’s first budget, hoping it would avoid a heavy reliance on borrowing.The week is packed with mon
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Gold ticks higher as markets brace for Fed decision
July 29 : Gold prices edged up on Wednesday, supported by some technical buying, as investors hunkered down for the Federal Reserve’s interest rate decision later today.Spot gold gained 0.22 per cent to $4,036.09 per ounce by 0908 GMT , while U.S gold futures for August delivery were steady at $4,037.3.
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Gold edges lower ahead of Fed decision on interest rates
July 29 : Gold prices inched lower on Wednesday as the dollar held firm and market participants awaited the Federal Reserve’s policy decision for clues on inflation and the path of U.S. interest rates.FUNDAMENTALS* Spot gold fell 0.1 per cent to $4,021.87 per ounce by 0052 GMT. U.S. gold futures for Au
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US stocks inch higher ahead of Fed decision
NEW YORK: Wall Street stocks edged higher early Wednesday (Jun 17) as markets looked ahead to Kevin Warsh’s first Federal Reserve decision announcement as chairman and digested data showing increased US retail
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