U.S. could be heading into period of ‘transitory disinflation,’ traders and strategists say
Hopes for a further decline in U.S. inflation this year are giving way to a risk seen in some corners of the financial market that...
Gold prices rebound after hitting 3-week low
Gold prices rebounded on Monday after tumbling to their lowest level in three weeks following Friday’s surprisingly strong jobs report, which helped send Treasury yields...
Gold touches a fresh 8-month high on China reopening hopes
Gold futures touched a fresh eight-month high Wednesday as traders bet that China’s decision to drop COVID-19 restrictions on its economy would continue to boost...
Gold prices end lower after a 4-session rise to their highest since June
Gold futures finished lower on Thursday, posting their first loss in five sessions, as traders booked profits in the wake of the metal’s rise to...
Gold hits fresh 6-month high as dollar weakens, yields retreat
Gold prices climbed on Wednesday to their highest levels in more than six months as the precious metal’s latest winning streak continued, driven in part...
‘The Fed Is Going to Overdo It’: Financial Markets Finally React to U.S. Central Bank: MW
Financial markets absorb the Federal Reserve’s stridently hawkish interest-rate outlook for 2023, plus fresh signs of a weakening U.S. economy [ad_2] Source link...
Gold prices post their highest finish in nearly a week
Gold futures climbed Wednesday to post their highest finish in nearly a week, supported by weakness in the dollar and a drop in U.S. Treasury...
Gold bounces after hitting 6-week low
Silver on Thursday bounced off its lowest level in two years, while gold rebounded after slumping to its lowest level since July. Price action Gold...
U.S. dollar is now slicing through key technical levels ‘like a hot knife in butter’
The U.S. dollar is back on the upswing and headed toward the year-to-date highs seen in mid-July following a period of relative dormancy over the...
Why one economist fears the Japanese yen could be headed for a destabilizing downward spiral
A prominent economist has begun to worry that Japan’s widening trade deficit could eliminate the last pillar of support for the world’s third-most widely used...