Gold futures settle at a 3-week high as U.S. economic data pressure the dollar and Treasury yields
Gold prices settled Tuesday at their highest in three weeks, as data showing declines in U.S. consumer confidence and job openings weakened both the dollar...
Gold prices notch a third straight session climb
Gold futures on Tuesday tallied a third straight session climb — the longest consecutive daily rise since mid-July. Moves in the U.S. dollar and Treasury...
U.S. dollar could soon wipe out all of its post-pandemic gains, Soc Gen strategist warns
The slide in the U.S. dollar in the last eight months could mean that mean all of its gains in the wake of the coronavirus...
Gold prices at lowest since March as dollar rises and U.S. debt-ceiling deal looks ‘doable’
Gold futures settled at their lowest level since late March on Thursday, pressured by a stronger U.S. dollar and hopes for a deal to raise...
Why Washington and Wall Street are worried about the ‘de-dollarization’ threat
A “de-dollarization” mania is gripping Washington and Wall Street. Wall Street analysts, corporations, policy wonks and others are trying to ascertain whether there is any...
Big question with dollar under fire from rival countries and currencies: What happens to markets if the greenback loses its dominance?
The International Monetary Fund, not the Bank for International Settlements, added China’s yuan to its Special Drawing Rights basket. This story has been corrected. Probably...
Gold futures settle above $2,000 an ounce for a sixth session in a row
Gold futures advanced on Tuesday, with the most-active futures contract on track to settle above the $2,000 level for a sixth straight session, as a...
‘We are going to see parts of the economy break’: Recession fears move back to the forefront of markets
Investors are reconsidering the risk that the U.S. economy could be about to tip into a recession, following data this week which revealed the red-hot...
Risk of ‘wrathful Old Testament–style’ reaction from central banks is rising, JPMorgan says
The “gentle and forgiving path” taken by developed-market central banks to rein in inflation over the past year is likely to prove unsuccessful and trigger...
Strategist who loves challenging consensus sticks by call for 8% fed-funds rate
Dominique Dwor-Frecaut, a former associate with the New York Fed and outlier from the rest of the financial-market pack, is standing by a bold call...