On Friday, USD/CAD finally broke out of its losing streak that it has been in for the past few days when the dollar finally rebounded versus its Canadian counterpart. 388 more words
Tags » FOMC
My appearance with Rick Santelli on CNBC picked up on last night’s blog post. We discussed our concerns about the 7-3 vote in which the Fed Governors bested the Presidents. 176 more words
Gold Today –New York closed at $1,334.00 after the previous close of $1,314.60 yesterday. London opened at $1,332.70.
- The $: € was weaker at $1.1232: €1 from $1.1147: €1 yesterday. 849 more words
The vote was the key to the FOMC statement. Three regional presidents voted to raise rates for various reasons but at least the votes reflected their speeches. 500 more words
It’s September and what now? The possibility of raising interest rates today is very small, but you saw how the market reacts to the current threats, like on BoJ’s decision from this morning and latter on the day during the Press Conference. 190 more words