Tag Archives: FED

The US dollar fell over the past week by more than 1.5%, and closed at 106.410 last Friday. The US Treasury yields declined, but the gap remains large between the two-year yields of 2.9721 and the 10-year yields of 2.754. Following the conclusion of its two-day policy review meeting on …

The USD/JPY pair is suffering the worst weekly performance since 2020. The pair accelerated the decline following the release of US economic data and bottomed at 135.56, reaching the lowest level in two weeks. The pair hovers around 136.00, down 250 pips for the week. The Japanese yen is up …

Gold prices rose on Friday, supported by lower US Treasury yields, although the prospects of a Federal Reserve interest rate hike and a stronger dollar limited gains. By 1215 GMT, spot gold rose 0.5% to $1,727.09 an ounce. Prices fell to a more than one-year low of $1,680.25 on Thursday …

The dollar rose strongly on Friday, but remained on track for its biggest weekly loss since the end of May after weak US economic data. The euro fell after climbing to a more than two-week high on Thursday when the European Central Bank raised lending costs in its first rate …

Gold prices fell on Thursday to their lowest levels in nearly a year, as prospects for an interest rate hike by major central banks to curb spiralling inflation weighed on the precious metal’s allure. Although gold is considered a hedge against inflation, higher interest rates increase the opportunity cost of …

Gold prices fell on Thursday to their lowest levels in nearly a year, as prospects for an interest rate hike by major central banks to curb spiralling inflation weighed on the precious metal’s allure. Although gold is considered a hedge against inflation, higher interest rates increase the opportunity cost of …

Gold fell on Wednesday as fears of monetary policy tightening and an increase in Treasury yields dispelled relief from the dollar’s decline. By 0610 GMT, gold fell in spot transactions 0.3 percent to $1,706.85 an ounce. US gold futures fell 0.3 percent to $1,706 an ounce. The dollar fell for …

Gold price leans bullish with time frame continuity in the favour of the bulls as XAUUSD inches higher within a bullish correction of the recent leg of supply from $1,750 that took out the $1,700 level last week. In general, a pullback in the US dollar continues to support the …

the EUR/USD pair sharply advances, on the track of the same prevalent sentiment, earlier during the European session. Investors are interested in leaks that the ECB might hike rates more than 25 bps in the July meeting. The news brought about the EUR/USD pair’s jump from 1.0160 towards daily highs …

Gold prices stabilized on Tuesday, supported by a weak dollar, but prices were stuck in a narrow range as investors refrained from making big bets ahead of major central bank meetings. By 0726 GMT, gold was stable in spot transactions at $1708.35 an ounce, while US gold futures fell 0.3 …