Tag Archives: Dollar
Oil prices stable as markets eye rate cut decision by U.S. Fed
Oil prices hold stable as markets await the rate cut decision by the U.S. Fed. Geopolitical tensions in the Middle East and supply disruptions from Hurricane Francine support prices. Short-term traders should brace for volatility. -vtmarkets.com
Gold remains stable as markets await Fed decision
Gold prices held their ground early Wednesday as the market remains on alert for the outcome of the Federal Reserve’s meeting later in the day. -vtmarkets.com
Dollar stabilises as aggressive rate cut expectations ease
The dollar regained some strength ahead of the Federal Reserve’s highly anticipated interest rate decision, scheduled for later in the day. It has steadied at $1.1119 per euro, slightly off from its recent low of $1.1201. -vtmarkets.com
Dollar continues downward trajectory as markets eye Fed rate cut
As the dollar remains near its lowest levels this year, markets are poised for a potential U.S. Federal Reserve rate cut that could shift currency movements across the board. Traders are pricing in either a 25 or 50 basis point cut, leading to speculation about its impact on major currencies like the yen, euro, and sterling. -vtmarkets.com
Dollar-yen pair under scrutiny as traders eye central bank moves
Tokyo’s markets reopened on Tuesday after a long weekend, but traders appeared hesitant to push the yen back toward the strong 140 per dollar mark. Earlier, low liquidity had driven the yen briefly beyond this level. -vtmarkets.com
Dollar weakens against yen as Fed rate cut looms
The dollar weakened further on Monday, reaching 139.58 yen as investors grew increasingly confident that the Federal Reserve might implement a larger-than-expected rate cut later this week. This recent dip marks a continuation of the dollar’s retreat from 140.285 yen, a level last seen in December 2022. -vtmarkets.com
Week ahead: FOMC poised for rate decision
With Google beginning its next antitrust trial on Monday, we believe this series of legal challenges could potentially reshape its business. We also take a look at the US Federal Reserve’s much-anticipated FOMC meeting and what to expect from it -vtmarkets.com
Rupee poised to strengthen as traders anticipate larger Fed rate cut
The Indian rupee looks likely to gain momentum after media reports, including those from the Financial Times and Wall Street Journal, indicated that next week’s Federal Reserve decision might involve a larger-than-expected rate cut. -vtmarkets.com
Traders bet on Fed’s next move, weakening the dollar
Trader sentiment has shifted amid media reports and new economic data, hinting that the Federal Reserve might lean toward a more aggressive interest rate cut. Market participants, guided by the CME FedWatch tool, have increased their expectations for a 50-basis-point cut, now pricing in a 43% chance, up from 27% just a day earlier. -vtmarkets.com
Dollar firms up as market bets on smaller Fed rate cut
The dollar fueled by smaller Fed rate cut bets following U.S. inflation data. Markets now expect a 25-bps cut, while political factors create added uncertainty for the greenback. -vtmarkets.com