World shares touched a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve meeting minutes pointed to a slower pace of U.S. interest rate rises from next month.
With Wall Street shut for Thanksgiving, it was up to Europe to continue the rebound in market confidence that has been building for more than a month.
"The Federal Reserve minutes signalled that some sensible voices are trying to drown out Fed Chair Powell’s relentless 'hike, hike, hike' chant," said UBS Chief Economist Paul Donovan.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
GBP/USD advances steadily on soft US Dollar as Fed officials hints 50 bps in DecemberGBP/USD advances steadily on soft US Dollar as Fed officials hints 50 bps in December – by christianborjon GBPUSD Majors Macroeconomics Technical Analysis
Les mer »
Dollar holds firm but on edge ahead of Fed minutes, kiwi risesThe U.S. dollar held firm on Wednesday, with investors on tenterhooks before the release of minutes of the Federal Reserve's latest policy meeting which could offer clues on the outlook for inflation and the pace of interest rate hikes.
Les mer »
AUD/USD bulls seek acceptance beyond 0.6700 as Fed Minutes weigh on US DollarAUD/USD remains on the buyer's radar despite the latest inaction around 0.6730-40 during Thursday’s Asian session. The reason could be linked to the b
Les mer »
Dollar slips as risk sentiment improves after Fed minutesThe U.S. dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of interest rate hikes from the Federal Reserve, placed bets on riskier assets.
Les mer »
Asian shares rise on signs of Fed slowdown; dollar down furtherAsian shares mostly tracked Wall Street higher on Thursday while a sell-off in the U.S. dollar was extended, as markets reacted to the possibility of the U.S. Federal Reserve soon slowing its pace of interest rate hikes.
Les mer »
Dollar drops as risk appetite improves after Fed minutesThe U.S. dollar was broadly weaker on Thursday as investors, encouraged by the prospect of a slower pace of interest rate hikes by the Federal Reserve, placed bets on riskier assets.
Les mer »