Gold fell in Europe on Wednesday as a 1 percent rise in the dollar outweighed potentially supportive news that the U.S. Federal Reserve is holding interest rates at record lows and extending quantitative easing.
The Federal Reserve on Tuesday took a small but significant step to counter a weakening U.S. economic recovery, saying it would use cash from maturing mortgage bonds it holds to buy more government debt.
The Federal Reserve on Tuesday took a small but significant step to counter a weakening U.S. economic recovery, saying it would use cash from maturing mortgage bonds it holds to buy more government debt.
Stocks declined on Tuesday due to investors' uncertainty whether the Federal Reserve will announce action to boost the U.S. economy as the recovery appears to be losing steam.
U.S. stocks declined on Tuesday due to investors' uncertainty whether the Federal Reserve will announce action to boost the U.S. economy as the recovery appear to be losing steam.
Stock index futures fell on Tuesday, weighed by worries over weaker-than-expected import data from China and a cautious mood ahead of the Federal Reserve's meeting on monetary policy.
The dollar rose on Friday and world stocks slipped as investors stayed cautious ahead of likely moves by the U.S. Federal Reserve to warn about and possibly prop up a softening economic recovery.
The dollar staged a rebound against major currencies on Tuesday as traders pared short positions on looming uncertainty over whether the U.S. Federal Reserve will start a new phase of quantitative easing to deal with a slowing economy.
Stocks gained on Monday, lifted by expectations the Federal Reserve will add liquidity to strengthen the economy when it meets on Tuesday, while shares of Hewlett-Packard fell after the chief executive's resignation.
Stocks edged higher on Monday, lifted by forecasts one day ahead of the Federal Reserve's policy making meeting that the Fed will resort once more to some mild quantitative easing.
World stocks edged up toward last week's three-month peak on Monday while the dollar held near a 15-year low versus the yen on rising expectations the Federal Reserve could soon buy bonds to support the economy.
Even with U.S. interest rates already near zero, Federal Reserve policymakers will still spend much of a meeting on Tuesday discussing ways to offer more rather than less monetary stimulus to the economy.
U.S. stock investors are turning more to options for protection after the latest data showing the frailty of the economic recovery, but they may find some comfort in Wall Street's fear gauge.
The dollar neared a 15-year low against the yen on Wednesday, staying under pressure across the board as weak U.S. data and talk of further policy easing from the Federal Reserve weighed on Treasury yields.
The dollar hit an eight-month trough against the yen on Wednesday, crawling towards its lowest level since 1995, as weak U.S. data and talk of the Federal Reserve embarking on further policy easing pushed down Treasury yields.
The Federal Reserve should consider buying more Treasury securities, instead of promising an extended period of low rates to support recovery, should inflation drift lower, a top Fed official said.
The Federal Reserve may try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said on Thursday, offering a hint of what might trigger additional monetary easing.
The Federal Reserve will try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said on Thursday, offering his clearest blueprint yet for possible additional monetary easing.
The dollar slid towards a recent seven-month low versus the yen on Thursday after Federal Reserve Chairman Ben Bernanke expressed concern about the U.S. economy but steered clear of hinting about further easing as some had hoped.
The euro, which lost sharply after his comments sparked outflows from stocks and other risk assets, held steady at lower levels ahead of Europe's bank stress test results on Friday.
The dollar slid towards a recent seven-month low versus the yen on Thursday after Federal Reserve Chairman Ben Bernanke expressed concern about the U.S. economy but steered clear of hinting about further easing as some had hoped.
How much would the U.S. economy have to weaken for the Federal Reserve to try to push borrowing costs even lower?
China should cut its holdings of U.S. Treasury securities when market demand is strong, a prominent economist said in remarks published on Monday.
