Greenback drops for fresh lows According to market participants, the bond and currency traders on Wall Street are focusing on how the Federal Reserve will cause upcoming legislative moves like tax cuts in their policy measures. The traders and strategists are anticipated to thoroughly observe for references to fiscal inducement and the threat of market […]

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Greenback bulls are in control The Federal Reserve Chair Janet Yellen told Congressional leaders on Wednesday in her final scheduled testimony on Capitol Hill that amongst a strengthened global recovery, the U.S. economy has assembled steam this year and will sanction continued interest rate increases. Janet Yellen stated in her last session before the Joint […]

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Dollar looks for correction On track for losses against the most rivals in a holiday-shortened week, the dollar rolled in a thin trading today as it remained under pressure on the Federal Reserve’s cautious sight on low U.S. inflation. As few policymakers perturbed about the headstrong weak inflation, the Federal Reserve’s during latest policy meeting […]

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DOLLAR turns positive Incoming data shows the US economy preserves momentum as 2017 comes to a close and clearing the way for the Fed to increase the rates in December. However, the inflation remains on the soft side and continues to make some FOMC members nervous. While the agreement looks to set up lessen those […]

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Dollar’s reversal On Wednesday, Federal Reserve Bank President Charles Evans stated that he is worried about the decline in US inflation expectations and called for the US central bank to respond by indicating the chance of higher inflation in the future. Although, the unemployment rate at 4.1 percent indicates the U.S. economy is at full […]

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Greenback loses its momentum Jerome Powell has been nominated to be the next chair of the Federal Reserve Board. As Janet Yellen has not been the Fed chair long enough for full four years data, so her four-year data includes 3.5 years. Following a Fed chair evolution in the two years, the average growth was […]

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Greenback has mixed ahead of Fed announcement The dollar is turning in a mixed performance against its major rivals Tuesday afternoon. The Fed will negotiate a two day policy meeting today afternoon in order to anticipate in keeping the interest rates constant but the traders will watch on the following statement. Besides, President Donald Trump […]

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