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Gold slips to 2-month low on dollar strength
Dollar lingers at six-month peak as US inflation comes in focus
The U.S. dollar hovered near a fresh 6-1/2-month peak against other major currencies on Wednesday and the Japanese yen fell to its lowest level since July, driven by so-called Trump trades ahead of key U.
Gold slips to 2-month low on dollar strength; focus on US data
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Gold Futures Slide on Strengthening Yields, U.S. Dollar
Gold futures fall for the fifth consecutive session. Futures are down 1.1% to $2,559.20 a troy ounce, and fall 5.4% on week. The precious metal’s weakness reflects potentially restrictive U.S. monetary policy in 2025 under Trump,
7h
on MSN
Why a strengthening US dollar could spark instability in global markets in Trump's 2nd term
Markets have already picked up on the likelihood of a stronger US currency under Trump's presidency. The US Dollar Index, ...
12h
Why the Dollar Keeps Getting Stronger
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed ...
3d
Dollar braces for US inflation data and several Fed speakers
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
Barron's
1d
Dollar Rises With U.S. Inflation Data in Focus
The
dollar
was rising as investors look ahead to U.S.
inflation
data at later today for clues on the Federal Reserve's ...
12h
Morning Bid: A twist in the U.S.'s inflation tale?
Wednesday's data showed consumer price pressures remain stubbornly above the Federal Reserve's target rate of 2%. And yet ...
Newsweek
10h
US Dollar Surge Hits Asian Markets
A strong U.S.
dollar
unsettled Asian markets on Thursday, as investors assessed a U.S.
inflation
report that showed price ...
2h
Stock Market Today: Stocks Slip, Dollar Extends Rally
The dollar is trading at a near two-year high. Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
CBS News
1d
How gold prices reflect inflation expectations
"We believe the market is currently pricing in higher for longer
inflation
. This, along with the FOMC easing expectations, ...
18h
on MSN
Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges
Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last ...
Reuters on MSN
1d
Stocks inch up, dollar eases as inflation adds to bets on Fed cut
LONDON (Reuters) -U.S. stock futures cut losses, while the
dollar
retreated on Wednesday, after data showed U.S.
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