Dollar Up, But Near Three-Year Lows, Fed Continues Dovish Tone By

© Reuters.   By Gina Lee – The dollar was up on Thursday morning in Asia, but kept near three-year lows, as the U.S. Federal Reserve continued a dovish stance that stoked reflation fears. The that tracks the greenback against a basket of other currencies inched down 0.07% to 90.095 by 9:24 PM ET … Read more

Fed chair says it’s up to Congress to bring a digital dollar to market –

Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency. Source: Fed chair says it’s up to Congress to bring a digital dollar to market About Author Luke Bailey Luke has had a long interest in financial technology, especially cryptocurrency and blockchain. With a Bachelors … Read more

Fed chair says it’s up to Congress to bring a digital dollar to market

Federal Reserve chair Jerome Powell mentioned 2021 will possible have the central financial institution partaking with the general public and lawmakers relating to the digital greenback. In a Home Monetary Providers Committee listening to at the moment, Powell responded to questions from Consultant Patrick McHenry, who mentioned the digital greenback would possible face nationwide and … Read more

Fed chair says it’s up to Congress to bring a digital dollar to market

Federal Reserve hair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding the digital dollar. In a House Financial Services Committee hearing today, Powell responded to questions from Rep. Patrick McHenry, who said the digital dollar would likely face national and economic security issues for the United … Read more

New Zealand Dollar Outlook: NZD/USD Soars on RBNZ Housing Remit

NZD/USD PRICE OUTLOOK: RBNZ HOUSING REMIT SENDS NEW ZEALAND DOLLAR SURGING New Zealand Dollar exploding higher in response to RBNZ housing remit Sustainable housing prices now an objective of the central bank NZD/USD, NZD/JPY surging 78-pips and 109-pips respectively The New Zealand Dollar is flying high against its FX peers today and extending intraday gains … Read more

Rand Dollar Forecast: SA Budget Speech Sparks Optimism for USD/ZAR Bears

USD/ZAR Price Analysis: The South African Rand continued to strengthen against the greenback after South African Finance Minister Tito Mboweni presented the annual budget speech earlier today, highlighting the Fiscal Framework for the next financial year. Although the Emerging Market (EM) is expected to rebound by approximately 3.3% , high levels of government debt, mismanagement … Read more

Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, EUR/CAD

Canadian Dollar, Loonie, USD/CAD Talking Points: Commodity currencies continue to rally and in USD/CAD, this theme has already made a mark as USD/CAD has pushed down to fresh two-year-lows, even as the US Dollar holds support around the 90-handle. This can make for an especially exciting backdrop in commodity currency pairs should the head and … Read more

The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’ – Regulation Bitcoin News

Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking Carefully at a Digital Dollar Fed … Read more

Fed’s Powell: Digital dollar may require some congressional approval By Reuters

© Reuters. FILE PHOTO: Fed’s Powell is pictured preparing to speak before a House committee in December (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said some form of congressional authorization may be needed for the central bank to proceed with any development and roll-out of a digital version of the U.S. dollar. The … Read more

Upcoming US GDP & Dollar Future – Orbex Forex Trading Blog

Tomorrow we get the final results for US Q4 GDP growth. Expectations are for the result to confirm that the American economy grew by 4.0% annualized (or 1.0% during the quarter), protecting the US from falling into a second technical recession. So, if the economy is doing so well, and analysts expect it to improve … Read more