Tag Archives: interest rates

Gold prices steadied in Asian trade on Thursday after two consecutive days of gains, supported by safe-haven demand amid uncertainty over a hawkish Federal Reserve and concerns about President-elect Donald Trump’s potential trade tariff policies. Spot gold dipped slightly by 0.1% to $2,660.36 an ounce, while February gold futures gained …

Gold prices dipped slightly in Asian trading on Monday, as a strengthening U.S. dollar and expectations of a slower pace of Federal Reserve monetary easing continued to weigh on the yellow metal. Hawkish remarks from Fed officials over the weekend added to the pressure on gold, signaling that interest rate …

Gold prices inched higher in Asian trading on Thursday, building on their robust performance in 2024 as a softer U.S. dollar lent support. However, investor caution lingered due to the U.S. Federal Reserve’s indications of fewer interest rate cuts in 2025. Spot gold rose by 0.3% to $2,632.82 per ounce, …

Gold prices remained largely unchanged during Asian trading hours on Tuesday, with Spot Gold steady at $2,607.65 per ounce and Gold Futures for February delivery edging 0.2% lower to $2,620.22 per ounce by 00:23 ET (05:23 GMT). Year-end trading typically sees thin volumes, with institutional investors wrapping up positions ahead …

Gold prices continued their downward trajectory today, weighed down by persistently strong US interest rates. This decline brings the market closer to a critical support level – a key trend line – whose breach could signal further weakness. The precious metal is trading at 2,620.95, down -0.45% on the day.Technical …

The Japanese yen continued its downward trend from the start of trading on Wednesday, influenced by statements from the Bank of Japan suggesting a tendency among Japanese monetary authorities to delay raising interest rates, which could add upward momentum to the Japanese currency.The dollar/yen pair rose to 149.67 compared to …

The euro has been on a downward trend since the European Central Bank (ECB) decided to keep interest rates unchanged last Thursday. The euro/dollar pair fell to 1.0900 from its previous close of 1.0935. ECB Policy DecisionThe ECB’s decision to maintain the deposit rate at 3.75% was in line with …

US Treasury bond yields have been declining since the beginning of daily trading on Thursday, affected by inflation readings. The latest CPI print, for April, shed light on positive numbers that may push the Fed in the direction of lowering interest rates.The consumer price index reading in the United States …

Despite resolute US PPI data that heightens doubts about September Fed rate cuts, the EUR/USD pair rises just above 1.0800. April’s US annual PPI beat forecasts and monthly data exceeded expectations. With service inflation moderating to 3.7%, the Eurozone Price Index is expected to reach 2% again soon. In the …

President of the Federal Reserve (Fed) in Minneapolis, Neel Kashkari, made headlines on Tuesday for the second time in a row as he discussed the Fed’s outlook for inflation and interest rates for the remainder of the year.Kashkari would need to see multiple readings on inflation to be confident enough …