forex

Federal Reserve and Interest Rates

interest rates are kept low until 2023 and U.S. dollar is mixed

The central bank left interest rates unchanged. It promised to stay rates lower for a couple of more years to sustain the economic recovery. With rates hovering near zero until a minimum of 2023, how will this impact the United States dollar? The Federal Open Market Committee (FOMC) stated that the benchmark fed funds rate …

interest rates are kept low until 2023 and U.S. dollar is mixed Read More »

DOLLAR JUMPS HIGHER

Dollar Jumps Higher, Caution Is Returned To Currency Market

The dollar floated higher on Friday, helped by steady U.S. jobs data and firmer global demand for safe havens amid concerns about the coronavirus recovery, setting the currency up to snap a seven-week losing streak potentially. Early moves in the Asia session were modest as traders awaited Chinese trade data due around 0200 GMT. A …

Dollar Jumps Higher, Caution Is Returned To Currency Market Read More »

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.