FOMC Articles

Dollar Surges Ahead of FOMC Minutes – US Trading Session Update

Gold has slipped to session lows, slipping from $1995 to  $1960 quickly, meanwhile the dollar index rose from a low of around 92.25 to 92.60. This comes as market participants await key FOMC minutes this evening.
August 19th

Junk Bonds Strike Back – FED

Recently Powell announced that the FED would be extending some of its purchasing programmes until 2022. Including the purchasing of riskier assets from corporate bonds to Junk bonds. Three quarters of a Trillion dollars has been allocated to the purchasing of corporate bonds which is unprecedented. This move has been…
June 11th

Dollar Erases Losses on Upbeat FOMC

The Fed raises its fed funds rate by 25 bps to 4.75%, and issued a more upbeat policy statement, sparking renewed rally in the dollar. The decision has erased all of the dollar’s losses that emerged after the higher than expected increase in Germany’s IFO survey earlier today. The Fed’s…
March 28th