Jan 29, 2015 at 09:14 | Source: CNBC-TV18
In an interview to CNBC-TV18, Peter Kinsella, Senior FX Strategist at Commerzbank shared his readings and outlook on global currency market.
Jan 29, 2015 at 08:58 | Source: Moneycontrol.com
The Fed in no way indicated that international developments to date had changed its thinking: the policy outlook paragraph was otherwise unchanged, UBS said
Jan 29, 2015 at 08:26 | Source: CNBC-TV18
The Fed said it would take "financial and international developments" into account when determining when to raise rates, adding a reference to global markets for the first time since January 2013.
Jan 29, 2015 at 08:22 | Source: Reuters
Concluding their first policy-setting meeting of the year, Fed officials looked past the urgent moves made by other central banks this month to boost their struggling economies and saw continued economic expansion in the United States.
Jan 29, 2015 at 07:35 | Source: Reuters
US stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector, after the Federal Reserve said the domestic economy was growing at a solid pace, signaling it remains on track to raise interest rates later this year.
Jan 29, 2015 at 07:00 | Source: Reuters
Spot gold was nearly flat at USD1,284.91 an ounce by 0034 GMT, not far below a five-month top of USD1,306.20 reached last week.
Jan 28, 2015 at 17:32 | Source: Reuters
The Federal Open Market Committee (FOMC) is scheduled to release a statement at the end of a two-day meeting later on Wednesday, and policymakers are likely to restate their "patient" approach to raising rates. A dovish bias could support gold, a non-interest-bearing asset.
Jan 28, 2015 at 16:00 | Source: Moneycontrol.com
Investors were also cautious as the Fed's first two-day policy meeting of the year concludes tonight. The policymakers will likely restate their "patient" approach to raising rates, while also voicing faith that the economy will continue improving.
Jan 28, 2015 at 14:57 | Source: Moneycontrol.com
According to Angel Commodities gold and silver prices are expected to trade sideways as markets will eagerly await the outcome of FOMC meeting due tomorrow. There is possibility that the United States prepares for its first interest rates rise in nearly a decade. The Fed's timetable remains for an increase in rates by mid-year.
Jan 28, 2015 at 12:19 | Source: Reuters
The Fed's first two-day policy meeting of the year concludes on Wednesday, and policymakers will likely restate their "patient" approach to raising rates, while also voicing faith that the economy will continue improving