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 drop about $3, during trading today, Wednesday, July 6, 2022, but it remained near the lowest level in 7 months. This comes as the dollar rose to its highest level in two decades, as investors continued to neglect…
Continue ReadingThe US Dollar Strengthens Early Friday Ahead of Powell, Industrial Production, and the Holiday Weekend Early Friday, the US dollar was stronger against its major trading partners ahead of a speech by Federal Reserve Chairman Jerome Powell, the release of…
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 US dollar strengthens early Tuesday ahead of trade The US dollar rose against its major trading partners early Tuesday ahead of the release of data on the April international trade gap and weekly Redbook US retail sales, but the…
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