Rupee Hits Lifetime Low: The Indian Rupee hit a lifetime low level of 80.43 on Thursday after US Fed’s decision to hike interest rate by 75 basis points yet again. The domestic currency opened at a record low of 80.2850 per US dollar, down from the previous close of 79.97.
Fed: Officials’ median view of policy rate at end-2023 rises to 4.6% from 3.8%
The US Federal Reserve’s Summary of Economic Projections, the so-called dot plot, revealed on Wednesday that officials’ median view of the Fed’s policy rate at the end of 2023 stands at 4.6%, compared to 3.8% in June’s dot plot.
Fed Forecast And Gold Silver Trading Tips By Neal Bhai
आज के लिए सोने चांदी का पूर्वानुमान: आज गोल्ड सिल्वर को मार्केट बंद होने से 5 मिनट पहले बाय (Buy) करके जाएं, आज फेडरल रिजर्व की मीटिंग है जिसमें 75 बीपीएस रेट हाई होने की संभावना है जिस कारण मार्केट को ऊपर जाना चाहिए क्योंकि 75 बीपीएस के हिसाब से मार्केट पहले ही टूट चुका है इसलिए बुलियन (Bullion) में हर गिरावट पर खरीदना चाहिए गोल्ड सिल्वर (Gold and Silver) पूरा अक्टूबर के महीने में तेजी रहने की संभावना है आज आज फेडरल रिजर्व का निर्णय आना है जिसमें 75 बीपीएस रेट है हाइक हाई होने की संभावना है
MCX Gold Price Forecast: Investors Await the Decision of The US Fed Meeting
MCX Gold Price Forecast: COMEX gold trades marginally higher near $1672/oz weighed down by firmer US dollar and higher yields as market players position for the Fed decision today.
Gold Price Report: Yellow Metal Bears Brace for Fed’s Rate Hike Around $1,660
Gold Price Report: Gold price (Yellow Metal) portrays the pre-Fed anxiety as bears flirt with $1,665 inside an immediate trading range during Wednesday’s Asian session. That said, the hawkish Fed bets join geopolitical fears to exert downside pressure on the metal. However, the market’s consolidation ahead of the key central bank announcements seems to probe the bears, as well as the already priced 0.75% Fed rate hike.
Crude Oil Prices are Juggling Below 61.8% Fibo Retracement at $87
West Texas Intermediate (WTI), futures on NYMEX, has demolished the firmer rebound move, recorded on Monday. The black gold picked significant bids below $82.00 and moved higher, however, the pullback move concluded sooner and the asset resumed its downside journey. The oil prices are hovering around $83.00 and are expected to surrender the same.
FOMC Forecast Today: How Much Will the FOMC hike?
FOMC Forecast Today: Expectations for what the Fed will do at its next meeting have been on a bit of a rollercoaster. This has created some fluctuations in the dollar, as well as the stock market. But now that Fed officials are sitting down for the two-day policy rate decision, it seems like economists are finally coming to some kind of agreement on what to expect tomorrow.