News list for "The dollar"
International spot gold continues to be under pressure below the $4,000 mark. What kind of fluctuations will the ADP employment data bring? The areas where current funds are more concerned are located in...
International spot gold continues to be under pressure below the $4,000 mark. What kind of fluctuations will the ADP employment data bring? The areas where current funds are more concerned are located in...
According to the latest brokerage pending order data, international spot gold has once again fallen below the $4,000 mark. Below, pay attention to two intensive areas for multiple pending orders; the pound has fallen endlessly, and the current price is on guard against a dense area for empty orders... Click to view the latest report
On October 27, spot gold hit $4,000 per ounce, the first time since October 10, with a 2.5% intraday decline.
The global popularity of stablecoins could drive trillions of dollars into the US dollar in the coming years, according to JPMorgan, even if estimates of potential demand for the digital asset are widely divergent. "The popularity of stablecoins is less about accelerating de-dollarisation and more about strengthening the US dollar's role in the global financial system," said JPMorgan team Kunj Padh and Meera Chan.
Argentina's presidential spokesperson: Eliminate withholding taxes on all grains by October 31 to boost dollar supplies.
Gold futures fell as much as 1.1 per cent to $3,678.30 an ounce in morning trading, while the dollar index rose 0.2 per cent to 97.05. The Fed cut interest rates by 25 basis points as scheduled and signalled two more cuts this year. But Soojin Kim, analyst at MUFG, said: "Investors think the Fed's guidance is less dovish than expected. Chairperson Powell emphasized the risk of tariff-driven inflation and emphasized that further interest rate cuts would be pursued on a'meeting-by-meeting 'basis, ...
The euro rose to 1.1784 against the dollar (EUR/USD), its highest level since July 24.
Mr. Bullard, the former head of the St Louis Fed, said he discussed the Fed chairpersonship with Mr. Bescent, the US Treasury secretary, on Wednesday. Mr. Bullard said the central bank must defend the dollar, keep inflation low and protect its independence. He said he was "very interested" in becoming Fed chairperson if eligible.
Spot gold skyrocketed 38% during the year, breaking through the $3,600 mark. Goldman Sachs is optimistic about the gold market outlook and strongly recommends that such assets must be held before the end of the year... Click to view...
