Category: Powell
-
Will Bitcoin, altcoins sustain momentum after Powell speech?
•
Bitcoin and altcoins made a strong comeback after US Federal Reserve Chairman Jerome Powell hinted that interest rates would start falling in September. Bitcoin (BTC) jumped to $64,000 on August 24, while Ethereum (ETH) rose to $2,765. The total market cap of all coins rose by about 5% to over…
-
Will Bitcoin, altcoins sustain momentum after Powell speech?
•
Bitcoin and altcoins made a strong comeback after US Federal Reserve Chairman Jerome Powell hinted that interest rates would start falling in September. Bitcoin (BTC) jumped to $64,000 on August 24, while Ethereum (ETH) rose to $2,765. The total market cap of all coins rose by about 5% to over…
-
Powell at Jackson Hole: The time has come for policy to adjust
•
We neither seek nor welcome further easing of the labor market. We will do our utmost to support a strong labor market while making further progress toward price stability. This is undoubtedly peaceful. I have increased my confidence that inflation is on a sustainable path back to 2%. Upside risks…
-
Powell at Jackson Hole: The time has come for policy to adjust
•
We neither seek nor welcome further easing of the labor market. We will do our utmost to support a strong labor market while making further progress toward price stability. This is undoubtedly peaceful. I have increased my confidence that inflation is on a sustainable path back to 2%. Upside risks…
-
In echo of Draghi, Powell pledges to do “everything we can” to keep the jobs market strong
•
The US dollar fell sharply after a speech from Federal Reserve Chairman Jerome Powell in which he said it was time for a policy shift and added a key line about maintaining a strong labor market. “We will do everything we can to support a strong labor market while making…
-
Forexlive Americas FX news wrap: USD falls as Powell pleges “everything we can” for jobs
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
ForexLive European FX news wrap: Dollar sluggish as markets await Powell
•
Headlines: Markets: AUD advances, USD and CHF lag during the day European stocks rise; S&P 500 futures up 0.5% The yield on the 10-year US Treasury note fell 1.4 basis points to 3.848%. Gold rises 0.6% to $2,498.53 West Texas Intermediate crude rose 1.3% to $73.96. Bitcoin price rises 0.2%…
-
Futures firm as Powell set to take center stage at Jackson Hole
•
(Reuters) – U.S. stock index futures were slightly higher on Friday as investors awaited comments from Federal Reserve Chairman Jerome Powell at the Jackson Hole Economic Symposium for clues on interest rate cuts in the world’s largest economy. While minutes from the Fed’s July meeting this week showed that a…
-
Asia FX firms with Powell in focus; yen rises as BOJ’s Ueda talks rate hikes By Investing.com
•
Most Asian currencies rose on Friday as the dollar’s recovery slowed ahead of a highly anticipated speech by Federal Reserve Chairman Jerome Powell, where he is expected to provide further signals on interest rate cuts. The Japanese yen was the best performer in Asia, extending a rally seen earlier this…
-
Wall Street Braces for ‘Reality Check’ From Powell: Markets Wrap
•
(Bloomberg) — Bond yields rose and stocks fell as traders bet that Jerome Powell will pour cold water on market expectations for a sharp interest-rate cut this year. Most Read from Bloomberg Treasury yields rose across the curve, led by shorter maturities. The dollar also gained. The S&P 500 lost…
-
Dollar hits year low versus euro as traders await data and Powell By Reuters
•
By Kevin Buckland TOKYO (Reuters) – The dollar fell to its lowest level this year against the euro on Wednesday as traders braced for potentially crucial revisions to U.S. jobs data later in the day, ahead of a speech by Federal Reserve Chairman Jerome Powell at the end of the…
-
Powell has spoken at Jackson Hole for six straight years. Here is how the market reacted
•
Amnesty International Image Fed Chair Powell’s annual remarks at Jackson Hole have become must-watch events for traders, often leading to big market moves. Goldman Sachs provides a quick recap of the past six years and how they have impacted the front end of the bond market (the dollar generally follows…
-
Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters
•
By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s weakness has lifted the euro…
-
Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters
•
By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s weakness has lifted the euro…
-
Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
•
Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Christopher Rugaber Published on August 20, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content WASHINGTON (AP) — Federal Reserve officials say they’re…
-
Federal Reserve Chair Powell to retain optionality, more data to come before Sept meeting
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Bank of America on Powell speaking at Jackson Hole – to keep aggressive easing option open
•
Federal Reserve Chair Jerome Powell will speak during his usual time slot in Jackson Hole, Friday morning of the event at 10 a.m.: Fed Chair Powell to Speak at 10 a.m. ET on August 23 Bank of America says Powell’s speech is unlikely to have much impact on the U.S.…
-
Powell and the Empire Fed highlight the economic calendar
•
Powell checks the calendar (AI image) I wish you a happy Monday and certainly a happier one than it could have been. The Fed chairman spoke twice last week, so it’s hard to imagine he’ll change his stance, but he had the CPI from the second day of his testimony,…
-
Jerome Powell is suddenly bearish on the jobs market and it’s a welcome sign for Wall Street
•
Federal Reserve Chairman Jerome Powell on Wednesday reinforced the message that the central bank is increasingly paying attention to a slowing labor market and not just taming inflation, a shift that suggests it is likely to start cutting interest rates soon. “We are not just an inflation-targeting central bank. We…
-
Dollar steady ahead of Powell Mark II; euro looks to French politics By Investing.com
•
The U.S. dollar was steady in early European trading on Wednesday, remaining near a three-week low, after the first day of Federal Reserve Chairman Jerome Powell’s two-day testimony on Capitol Hill, while the euro held steady amid political uncertainty. At 05:25 ET (09:25 GMT), the dollar index, which tracks the…