Gold prices fell, on Wednesday, as pressure from strong monetary policy concerns and rising bond yields outweighed the relief from the dollar's decline. This comes with the anticipation of central banks' moves to counter inflation, which has hit record levels…
Continue ReadingGold prices fell, during trading today, Tuesday, June 21, 2022, with the increase in US bond yields. This comes in light of investors' anticipation of the position of major central banks to raise interest rates to get a clearer view…
Continue ReadingThe US dollar strengthens early Monday; retail sales and the FOMC's focus of the week on Wednesday The US dollar rose against its major trading partners early Monday, as markets prepared for a busy week that included the release of…
Continue ReadingThe dollar is strengthening as inflation fears dampen risk sentiment. The US dollar rose across the board on Tuesday as Treasury yields rose and investors' risk appetite was dampened by concerns about a further acceleration in global inflation. The dollar…
Continue ReadingRomania's central bank raises the key interest rate to 3%, predicting higher inflation. On Tuesday, Romania's central bank raised its benchmark interest rate by half a percentage point to 3%, predicting that inflation would rise faster than expected due to…
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