More from Daly: Can’t count on productivity to save the US from inflation
Fed policy is restrictive but it may still take time to bring inflation downThe comments from Daly (and others) lately might as well...
Dow Jones Industrial Average gains ground on Thursday, Jobless Claims bolster rate cut hopes
The Dow Jones Industrial Average (DJIA) found further gains on Thursday as investors bet on Fed rate cuts to come after US Initial...
Fed Daly: Considerable uncertainty about inflation over the next three months
Mary C. Daly, President of the Federal Reserve (Fed) Bank of San Francisco, highlighted the uncertainty facing the Fed while participating in a...
Forex Today: Central banks return to the fore
A data-driven sell-off prompted the USD Index (DXY) to give away part of its recent advance amidst lower yields across the curve.
US Dollar declines as weak Jobless Claims spooked investors
The US Dollar Index (DXY) is trading at 105.35, slightly down.
Feds Daly :Last 3 mos. has left considerable uncertainty about next few mos. of inflation
SF Fed Pres. Mary Daly (voting member) is speaking and says:The last 3-months has left considerable uncertainty about the next few months of...
Gold price surges as US Treasury yields weaken on soft US data
Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite.
GBPUSD stretches to a new high but running into 100/200 hour MA and retracement
The GBPUSD has once again stretched higher after a brief correction and printed a new high at 1.25232, but once again is finding...
Fed’s Daly scheduled to be the next Fed official to speak post FOMC decision
At the top of the hour, SF Fed Pres.Mary Daly is scheduled to speak. Daly is the latest Fed official to speak after...
Mexican Peso edges up as inflation reaccelerates ahead Banxico’s decision
The Mexican Peso appreciated against the US Dollar after the latest inflation data increasing the likelihood that the Bank of Mexico (Banxico) will...