Tag Archives: FED

Dollar gains on safe haven flows as U.S. debt ceiling in focus

Markets and most taxpayers breathed a sigh of relief for a few days after the so-called fiscal cliff was averted but today focus turns to the U.S. debt ceiling. On January 1st  the United States Congress finally approved legislation, after months of gridlock, to avert $600 billion in immediate tax increases and spending cuts which risked tipping the U.S. economy back into a recession. Risk...

Continue reading...

January 3, 2013 @ 9:23 pm

0 Comments

Gold rises on expectations of QE by Federal Reserve

Gold prices moved higher on Wednesday ahead of the U.S. Federal Reserve policy meeting. The US dollar remains under pressure on expectations of easing by the Federal Open Market Committee (FOMC). There is strong speculation that the Fed will ease further and introduce fresh quantitative easing measures in the way of bond buying.  Such measures tend to have a weakening effect on the US currency...

Continue reading...

December 12, 2012 @ 10:48 am

0 Comments

Gold rises on expectations of QE by Federal Reserve

Gold prices moved higher on Wednesday ahead of the U.S. Federal Reserve policy meeting. The US dollar remains under pressure on expectations of easing by the Federal Open Market Committee (FOMC). There is strong speculation that the Fed will ease further and introduce fresh quantitative easing measures in the way of bond buying.  Such measures tend to have a weakening effect on the US...

Continue reading...

December 12, 2012 @ 10:48 am

0 Comments

Gold climbs higher ahead of Federal Reserve meeting

Gold prices rose 0.5 percent on Monday as investors expect the U.S. Federal Reserve to announce more stimulus measures after their policy meeting on Wednesday. Despite the higher-than-expected US nonfarm payrolls report on Friday, which led gold to dip briefly, the Fed is still likely to stay accommodative and continue its bond buying program. The Fed is expected to announce more quantitative...

Continue reading...

December 10, 2012 @ 11:24 am

0 Comments