Modest changes post FOMC statement. Yields higher. Stocks higher . Dollar higher.
Before and After the FOMC decision (2:08 PM ET): US yields have moved marginally higher: 2-year yield went from 4.367%…
Category: Forex News
Full statement from July 2024 FOMC rate decision
July 31, 2024 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT Recent indicators suggest that economic activity…
EIA weekly US oil inventories -3436K vs -1088K expected
Prior was -3741K Gasoline -3665K vs -1043K exp Distillates +1534K vs -1242K exp Refinery utilization -1.5% vs +0.7% expected Production…
European equity close: Spain and Italy not feeling the love
It’s a blockbuster day in the US but more of a mixed picture in Europe. Closing changes: Stoxx 600 +0.8%…
USD/CAD falls below 1.3800 as GDP beats and oil sizzles ahead of FOMC decision
The Canadian dollar is strengthening today with the help of a few tailwinds: WTI crude oil is up $2.43 to…
US June pending home sales +4.8% vs +1.5% expected
Prior was -2.1% Index at vs 70.8 prior This article was written by Adam Button at www.forexlive.com. Source link
US Q2 employment cost index +0.9% vs +1.0% expected
Prior was +1.2% Wages q/q +0.9% vs +1.1% prior Benefits +1.0% vs +1.1% prior Annual growth in compensation costs eased…
ForexLive European FX news wrap: Yen surges as BOJ hikes policy rate to 0.25%
Headlines: BOJ raises policy rate to 0.25% in July monetary policy meeting BOJ governor Ueda: Weak yen was not necessarily…
Eurozone July preliminary CPI +2.6% vs +2.5% y/y expected
Prior +2.5% Core CPI +2.9% vs +2.8% y/y expected Prior +2.9% The more important statistic is the core reading, and…
Japan's largest lender to raise prime lending rate to 1.625% following BOJ rate hike
That is very much expected and it reflects the 15 bps increase by the BOJ on their policy rate earlier…