US Dollar Weakens After Economy Sheds 23,000 Jobs in July
The US dollar weakened at the end of the trading week as investors adjusted their expectations for Federal Reserve policy following the July jobs report….
Posts Tagged: Interest Rates
US Dollar Suffers Sharp Selloff Amid Spike in US Treasury Yields
The US dollar plummeted on Thursday as the currency failed to rally alongside long-term Treasury yields one day after the Federal Reserve left interest rates…
Gold Rises 2%, Stays Above $4,00 Despite Stronger US Dollar, Treasury Yields
Gold futures surged almost 2% on Tuesday as the yellow metal looks to stay above $4,000. Gold prices have struggled in recent months, falling sharply…
US Dollar Index (DXY) Pushes 101.00 as Inflation, Interest Rates Boost Treasury Yields
The US dollar strengthened to kick off the trading week, climbing above 101.00 for the first time in a month. The buck has regained momentum…
US Dollar Index (DXY) Posts Weekly Gain as Traders Bet Big on Chief Global Reserve Currency
The US dollar strengthened to end the trading week, with the greenback maintaining its solid first-half performance as investors seek shelter in the traditional safe-haven…
US Dollar Strengthens After Hot Inflation Report Fuels Fed Rate Hike Expectations
The US dollar strengthened on Tuesday after a hot inflation report bolstered expectations that the Federal Reserve could tighten monetary policy over the next 12…
US Dollar Strengthens as Stable December Jobs Report Lowers Odds of Fed Rate Cut
The US dollar strengthened modestly as a lower unemployment rate dashed any hopes of an interest rate cut by the Federal Reserve later this month….
Gold Tests $4,400 on Hawkish Fed Rate Cut Expectations, Venezuela Tensions
Gold futures surged more than 1% to finish the trading week, while silver prices took a breather after this week’s meteoric ascent. The yellow metal’s…