Tag Archives: USD

The U. S. dollar ended the trading session with mixed performance. It is particularly stronger against European rivals. EUR/USD pair is down to the lower end of its weekly range, trading in the 1.1590 price zone.GBP/USD settled around 1.3760. The pair received additional pressure from comments by European Commissioner for …

WTI US crude oil rises during the New York session, trading at $84.30. The market sentiment has remained positive as U. S. shares are supported by U. S. Q3 solid corporate earnings, which helped ease investors’ nervousness around high inflation and central bank monetary policy tightening.In the meantime, the US …

Gold prices rose about 1% on Monday, as a retreat in U.S. bond yields and persisting worries about inflation lifted the safe-haven asset ahead of major central bank meetings this week.The U. S. dollar rebounded and closed up on the day, but that failed to impact the rally in the …

US Treasury yields rose on Monday morning, with the 10-year bond rate exceeding the 1.66% mark, the benchmark 10-year Treasury yield rising one basis point to 1.6661%, and the 30-year Treasury yield adding one basis point at 2.1084 %, returns move inversely with prices and one basis point equals 0.01%.

The US Dollar is firmly up on Thursday over the back of inflation-related concerns in addition to the decline of U. S. Initial Jobless Claims for the second week, at 290K. Meanwhile, the British pound has extended its slide below 1.3800 during the New York session, with losses at 0.26%, …

Risk turned off on Thursday leading the USD to reap the most out of it. The dollar weaker yesterday, but it managed to appreciate against most major rivals, except safe-haven CHF and JPY.There was no certain catalyst behind the retreating risk appetite although inflation-related concerns constitute one part of the …

Gold prices rose for a third consecutive session on Thursday as a weaker dollar lifted the allure of bullion, while investors assessed whether rising inflation would prompt central banks to raise interest rates sooner than expected. Spot gold rose 0.1 percent to $1,782.70 an ounce, and US gold futures rose …

Bloomberg has said that bets on rising U.S. yields “are adding to pressure on interest rates in the short term funding market”, where corporate cash holders make overnight loans by Treasury securities as guarantee.Yields on two-year notes tipped 0.44% this week, the highest level in a year, while investors still …

62 percent of Americans hold Joe Biden as responsible for increasing inflation and believe the country is economically on the wrong track.A new poll released Wednesday said that Biden’s policies are responsible for inflation, which has hit its highest rate in 13 years.Morning Consult/Politico poll found that 18 percent believe …

On Wednesday, gold rose for a second day following comments by Federal Reserve Bank official that played down the possibility of imminent rate hikes.Gold gained positive traction for the second successive day and shot to fresh weekly tops, closer to the $1,790 level during the early North American session, meanwhile …