The most recent installment of the franchise Toy Story, Lightyear, from Disney and Pixar, is set to feature a new story that provides the background behind the beloved astronaut Buzz Lightyear. Starring the interpreter of Captain America, Chris Evans, as the voice of the space ranger, Prior to its release, the film caused controversy by […]
Flora
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
USD/CAD around 1.2935 after Powell’s press conference
The US Federal Reserve decided to raise 75 basis points, heavily influenced by last Friday’s CPI reading, which was 8.6%. Fed Chairman Powell doesn’t expect 75 basis point moves to be commonplace; USD/CAD plunged from 1.2995 to 1.2915 in reaction. The US central bank expects to cut rates by 40 basis points in 2024. The […]
Powell Speech: If We Don’t See Progress On Inflation, It Might Be Cause To React
The Fed Chairman Jerome Powellsaid Wednesday at his post-central bank meeting press conference that if the central bank sees no progress in inflation, will react. However, Powell said there will be some progress in reducing inflation soon and that he believes the Fed’s guidance remains credible. Featured Comments “It’s unusual to get late-night data during […]
USD/JPY falls below 134.00 after Powell’s comments
The Federal Reserve raises interest rates by 75 basis points. The dollar rises but then crashes at the start of Powell’s press conference. The USD/JPY fell below 134.00 and hit a fresh daily low at 133.78 as Fed Chairman Powell made his first remarks at the post-FOMC meeting press conference. The central bank raised the […]
Powell Speech: Demand is still very hot and we’d like to see it moderate
The Fed Chairman Jerome Powellsaid Wednesday at the central bank’s post-meeting press conference that demand in the US economy is still very hot and that the entity would like to see it moderated. Featured Statements “We would like to see the labor market in better balance.” “The neutral rate is quite low today.” “We are […]
AUD/USD falls from daily highs towards 0.6918 after Fed decision
The US Federal Reserve raised interest rates by 75 basis points. AUD/USD hit new highs in reaction, and then fell towards the 50 one-hour SMA. On Wednesday, the US Federal Reserve raised interest rates by 0.75%, not as market participants initially expected, as Federal Reserve Chairman Jerome Powell ruled out a hike of that magnitude. […]
Powell Speech: We continue to see upside risks to inflation, I don’t expect 75 basis point moves to be common
The chairman of the Fed, Jerome Powellpointed out in the opening speech of his press conference after the meeting of the entity that he continues to see upside risks to inflation. Featured Statements Supply chain constraints have been longer than anticipated and price pressures have widened, with Covid-19 disruptions in China likely to make things […]
Powell Speech: We’re Moving Fast To Raise Interest Rates, It’s Essential That We Bring Down Inflation
The chairman of the Fed, Jerome Powellsaid in the opening speech of his usual press conference after the entity’s meeting that they are moving expeditiously to raise interest rates and determined to restore price stability. Featured Statements The US economy has been through a lot and is resilient. It is essential to reduce inflation. The […]
Gold Forecast: XAU/USD trades around $1,820 after Fed decision
Gold is under pressure as the US dollar firms because of the Fed. the price of gold has reacted little to what was a well-anticipated move by the Federal Reserve on Wednesday. The central bank has raised the reference interest rate by 75 basis points to leave the target range at 1.50% – 1.75%. This […]
Fed projections raise rate and inflation estimates and lower GDP estimates for 2022
The The Fed has released its quarterly economic projections. after announcing that it is raising its interest rates by 75 basis points to 1.75%, above the expected 1.5%. The entity considers that the PCE inflation will end 2022 at 5.2%, compared to the 4.3% projected in March. It also expects to be at 2.6% in […]
