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Tag: Fed


Capital and Risk, Liquidity

USD Price Forecast: Dollar Index (DXY) Bid on Fed Speak

April 21, 2023

Via: DailyFX

The Dollar Index (DXY) has managed to trade marginally higher this Friday morning as we enter the European session. In what has been a muted Asian session, the greenback has found support from hawkish Fed speak last night. The Fed’s […]


Capital and Risk, Liquidity

US Crude Oil Knocked Back By Shock Inventory Build As Fed Looms

March 22, 2023

Via: DailyFX

Crude oil markets are trading cautiously like most others on Wednesday in Europe as investors await the United States Federal Reserve’s March monetary policy decision, due later in the global day. On a more market-specific note, a shock rise in […]


Capital and Risk, Macroeconomic

Senate Banking Republicans warn Fed not to go too far in capital review

March 3, 2023

Via: American Banker

Republicans on the Senate Banking Committee are keeping a watchful eye on the Federal Reserve’s ongoing review of bank capital requirements. Sen. Tim Scott, R-S.C., the ranking member on the committee, sent a letter to Fed Chair Jerome Powell on […]


Capital and Risk, Liquidity

Gold Price (XAU/USD) Edgy as Short-Dated US Yields Rise Ahead of Fed Speech

November 30, 2022

Via: DailyFX

The latter half of this week is set to boost market volatility with high-importance events and data releases scheduled over the next three days. Later today, Fed chair Jerome Powell will give a speech to the Brookings Institute on The […]


Capital and Risk, Liquidity

Gold Price Forecast: XAU/USD Extends Drawback Ahead of FOMC

November 21, 2022

Via: DailyFX

Gold is tracking lower this morning on the back of a stronger USD stemming from the build up of relatively hawkish comments from Fed speakers. Although some reiterated the moderation of interest rate hikes going forward, the expectation remains aggressive […]


Capital and Risk, Liquidity

Gold Price Forecast: XAU/USD Back Below $1700 on Fed Rate Hike Expectations

September 15, 2022

Via: DailyFX

XAU/USD FUNDAMENTAL BACKDROP Gold looks to test July swing lows today after yesterday’s U.S. inflation ‘hangover effect’ seems to have dissipated. The U.S. dollar is bid once more weighing negatively on bullion due to renewed market anticipation of a large […]


Capital and Risk, Liquidity

Bank of Japan (BoJ) – Foreign Exchange Market Intervention

August 30, 2022

Via: DailyFX

The Bank of Japan’s ultra-loose monetary policy is under pressure from a swathe of global central banks embarking on a series of rate hikes and balance sheet reduction programs. While many central banks, including the Federal Reserve (Fed) and the […]


Regulations

Under the Fed’s Tiered System, Requests for Master Account Access by Cryptocurrency Companies Will Be Subject to the Strictest Scrutiny

August 22, 2022

Via: JD Supra

On August 15, the Federal Reserve Board (Fed) issued final guidelines, outlining the tiered approach it will use when evaluating the growing requests from fintech firms and cryptocurrency companies for access to master accounts. The guidelines make clear that while […]


Capital and Risk, Liquidity

USD/JPY Price Forecast: Potential USD/JPY Range, Nikkei Halts Impressive Run

August 18, 2022

Via: DailyFX

USD/JPY, like most dollar crosses, has witnessed a recovery as markets digest the short-lived notion of a Fed pivot following slightly cooler US CPI data last Wednesday.The softer dollar provided an opportunity for USD/JPY bulls to re-enter the trend at […]


Regulations

Fed puts onus on banks to check legality of crypto ventures

August 17, 2022

Via: Banking Dive

Before engaging in crypto-related activity, banking organizations supervised by the Federal Reserve should notify their lead point of contact at the central bank to ensure the activity is legal, the Fed said in a statement Tuesday. The directive is similar […]


Capital and Risk, Liquidity

EUR/USD Price Update: Knee-Jerk ‘Fed Pivot’ Already a Distant Memory

August 15, 2022

Via: DailyFX

GERMAN GAS LEVY TO FUND ALTERNATIVE SUPPLY TO BEGIN IN OCTOBER Trading Hub Europe is expected to announce the 2-3 cents per kilowatt hour (kWh) levy later today in an effort to fund alternative gas supply in the wake of […]


Capital and Risk, Macroeconomic

June Retail Sales at 1% v/s .8% Expected, May Revised Higher

July 15, 2022

Via: DailyFX

The US consumer remains strong as indicated by this morning’s release of US retail sales data for the month of June. That data point came in at 1% versus an expectation for .8%. And last month’s -.3% that caught so […]


Activity, Investment Banking

The Fed Raised Interest Rates Again: What It Means for This Warren Buffett Stock

June 16, 2022

Via: Yahoo

On Wednesday, the Federal Reserve announced it is increasing its benchmark interest rate by 0.75% in its continued effort to fight inflation. Rising interest rates impact every part of the economy, from how much interest you earn on your deposits […]


Capital and Risk, Macroeconomic

Citi CFO sees support for more Fed moves to stave off inflation

June 14, 2022

Via: Banking Dive

Prices for shelter, gas and food all rose in May following an April decline, with overall inflation increasing rapidly past expectations, damping hopes that inflation had peaked and intensifying fears of a recession. Mason’s comments come on the heels of […]


Regulations

Custodia Bank sues Fed over ‘unlawful delay’ in processing master account application

June 8, 2022

Via: Banking Dive

Custodia claims the delay in processing its master account application is resulting in substantial, ongoing injury to the bank. “The immediate injury is that the delay has forced Custodia to defer its solo entry into the financial services market in […]


News

Three US cash trends persist, Fed report says

May 16, 2022

Via: Payments Dive

The Fed’s cash diary survey is conducted annually to collect data on U.S. consumer shopping and payment behaviors, with supplemental surveys added in the past two years to chart the impact of the COVID-19 pandemic. The report issued this month […]


Regulations

Senate confirms Jefferson to Fed board in 91-7 vote

May 12, 2022

Via: Banking Dive

With Wednesday’s confirmation, Jefferson begins a term at the central bank that runs until 2036 and becomes the fourth Black man to serve on the Fed board. “Dr. Jefferson is one of the country’s leading thinkers on the economics of […]


Regulations

Drama over Fed nominee Cook overshadows Brainard confirmation

April 27, 2022

Via: Banking Dive

The Senate on Tuesday confirmed Federal Reserve Gov. Lael Brainard, by a 52-43 vote, to serve as the central bank’s vice chair. Then the drama unfolded. Democrats had initially planned to push ahead with a vote on fellow Fed nominee […]


Regulations

Bank trade groups want more clarity on Fed master accounts

April 25, 2022

Via: Banking Dive

Republican senators raised the issue of transparency and ethics with regard to master account approval at the Fed during the nomination process for Sarah Bloom Raskin, a former candidate to serve as the central bank’s vice chair for supervision. Sen. […]


Activity, Corporate Banking

JPMorgan Chase sees 42% drop in Q1 profit

April 13, 2022

Via: Banking Dive

Double-digit percentage-point declines littered the first-quarter earnings report for the nation’s largest bank Wednesday. Rising interest rates sent home loan originations down 37% and auto loan originations down 25%. That contributed to a 57% drop in profit in JPMorgan’s consumer […]