Fed's Goolsbee: Things to watch over next 2 weeks until Fed's next meeting are prices and credit

“After the failure of two large regional Fed banks last month roiled the financial sector, I’m waiting to see whether there are other credit shoes to drop,” said Chicago Federal Reserve Bank President Austan Goolsbee In an interview with American Public Media's Marketplace.

Additional comments

Not in the crisis sense, but in the how much squeezing is going to be coming up from the bank side.

I think it’s going to matter for whether this economy is going to slow down.

My message is, be prudent, be patient.

EUR/USD retreats

EUR/USD fades the late Wednesday’s corrective bounce while retreating to 1.0955 during the early hours of Thursday’s Asian session.

Also read: EUR/USD bulls holding in the 1.09s front side of bullish trend

AUD/USD retreats towards 0.6700 amid jittery markets, Australia NAB Sentiment, RBA’s Lowe eyed

AUD/USD eases back towards 0.6700, around 0.6715 by the press time, as cautious markets weigh on the risk barometer pair ahead of the top-tier data/ev
了解更多 Previous

Gold Price Forecast: XAU/USD oscillates below $2,000 after a V-shape recovery inspired by Fed Beige Book

Gold price (XAU/USD) is facing hurdles in extending its recovery above the immediate resistance of $1,997.00 in the early Asian session. The precious
了解更多 Next