Federal Reserve

Breaking News - Federal Reserve Vice-Chair Yellen

Breaking News Federal Reserve Vice-Chair Yellen, said today the Federal Reserve has room to provide further accommodation and highlighted that there are substantial risks to the U.S. economic outlook.

Gold Bars

Gold was sharply higher at the close of trade this week with the precious metal surging 3.87% to close at $1622.75 in New York. The rally marks the largest single week advance since the week ending January 27th when prices soared by more than 4.4% as it approached the $1740 level

USD To Find Bid On Broader Fundamentals, AUD At Risk On RBA Policy

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9830.8 9844.1 9816.27 0.07 55.72% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.07 percent higher from the open after being oversold on Friday, and the greenback should continue to retrace the decline from earlier this month as we expect the Federal Reserve to conclude its easing cycle this year. However, the technical outlook

Fed Rate Unchanged

Federal Reserve Plans to Continue Holding Hold Interest Rates Steady ‘Until Late 2014