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Tag: Crude Oil

fed inflation is temporary

Fed: Inflation is Temporary; Dollar, Oil, Gold Down

The new trading week starts with a weaker U.S. dollar and investors uncertain about inflationary pressures being temporary. New lockdowns are being imposed all around Europe while oil is down. U.S. Dollar The U.S. dollar fell on Monday morning in Asia. It remained lower than its longer-than-a-year high. Investors are
blog interest rates & forex 20 9 21
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Interest Rates & Forex, Oil & Metals & Crypto Market News

Investors seem to have been encouraged by last week’s rise in US retail sales despite the spread of the coronavirus Delta variant and China’s housing crisis. US Treasuries and the US dollar rose. This week, traders will likely focus on the Fed Chairman’s speech on Friday for clues as to