Fed on Hold, 2024 Policy Outlook Unchanged – Gold & US Dollar on the Move

The Federal Reserve kept its monetary policy settings unchanged for the fifth consecutive meeting and signaled its intention to deliver 75 basis points of easing this year, the same outlook embraced back in December.

from DailyFX – Market News https://ift.tt/u4XWTar
via IFTTT

USD/JPY Selloff Continues Ahead of the FOMC Meeting

The yen failed to halt a selloff that gained momentum after the dovish hike from the Bank of Japan. USD/JPY remains vulnerable, particularly if the Fed foresees fewer cuts ahead

from DailyFX – Market News https://ift.tt/68oqaTS
via IFTTT

UK Inflation Falls to a Two-Year Low, GBP/USD Stable, All Eyes on the Fed

UK inflation fell to the lowest level in over two years in February, helped by falling food prices. GBP/USD is little changed as the latest Fed policy decision nears.

from DailyFX – Market News https://www.dailyfx.com/news/uk-inflation-falls-to-a-two-year-low-gbp-usd-stable-all-eyes-on-the-fed-20240320.html
via IFTTT

Fed Seen Holding Rates Steady; Policy Outlook to Drive Markets, US Dollar

This article offers a preview of the upcoming Fed monetary policy announcement, examining potential scenarios for financial markets, including the U.S. dollar.

from DailyFX – Market News https://ift.tt/1pikngA
via IFTTT

Lower Canadian CPI Brings Rate Cuts Closer While Fed Cuts Appear Delayed

Canadian inflation softened more than expected in February, bringing potential rate cuts closer at a time when markets foresee the Fed having to delay its first cut until July

from DailyFX – Market News https://ift.tt/zJmcU2x
via IFTTT