FOREX-Dollar hits three-week low to yen as Fed’s Powell less hawkish than feared
By Kevin Buckland and Rae Wee TOKYO, July 28 (Reuters) – The dollar dropped to a three-week low versus the yen on Thursday after Federal...
Notable Quotable | Today’s top gold news and opinion
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour...
Gold scores biggest one day rally since March, silver jumps nearly 7% due to Fed-inspired ‘short squeeze’
Gold and silver rose sharply on Thursday, with gold logging its biggest one-day percentage gain since March and silver rallying by nearly 7% to finish...
The Fed Just Got Rid of Forward Guidance Because It’s Making It Up as It Goes
The Federal Reserve’s Federal Open Market Committee announced Wednesday it is raising its key policy rate—the federal funds rate—by 75 basis points to 2.5 percent....
Analysis: U.S. yield curve flashing more warning signs of recession risks ahead
NEW YORK, July 27 (Reuters) – The U.S. government bond market is sending a fresh batch of signals that investors are increasingly convinced the Federal...
Elizabeth Warren warns that the US will suffer a devastating recession if the Fed doesn’t ease rate hikes
Senator Elizabeth Warren of Massachusetts.Tom Williams/CQ-Roll Call Inc. via Getty Images The Fed’s aggressive rate-hike cycle risks pushing the US economy into a recession, Senator...
UPDATE 1-U.S. carrier strike group returns to South China Sea amid Taiwan tensions
(Adds China foreign ministry comment in paras 5-6) By Greg Torode HONG KONG, July 28 (Reuters) – A U.S. aircraft carrier and its strike group...
The terrible American price for an unwinnable war with China
Taiwan question Illustration: Chen Xia/GT The window of opportunity to avert a war between the US and China over Taiwan island is closing. While there...
Dollar’s Surge Is Slowing Global Trade and Worsening Debt Crisis: IMF
The dollar has risen sharply in 2022, and that’s adding to the pressure on the weakening global economy, the IMF said Tuesday. The IMF said...
Watch: Treasury Secretary Janet Yellen Explain How We're Absolutely, Definitely, No Way In 'Recession'
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