USD/JPY Flirts With 155.00 As Japanese Policymakers Weigh FX Intervention
The Japanese yen further weakened against its US counterpart after the currency slumped to its lowest level in more than three decades. The yen has…
Posts Tagged: Janet Yellen
Oil Prices Rise As Biden Prepares for Iran Sanctions; White House Predicts SPR Release
Crude oil futures turned positive toward the end of the Tuesday trading session on the White House confirming that it is preparing for new sanctions…
US Treasury Secretary Says Decreasing Oil Manufacturing Would be Unwise
Restricting availability in the major oil-producing countries at a moment of rising energy bills is unconstructive and imprudent for worldwide financial expansion, according to the…
US Dollar Strengthens As Fed’s Favorite Inflation Gauge Surges to 30-Year High
The US dollar is strengthening to close out the trading week as investors sought shelter from soaring inflation and some disappointing economic data. The greenback,…
Gold Slumps on a Stronger Dollar, Poised for Mild Weekly Gain
Gold futures are on track to snap a three-session winning streak to close out the trading week. The yellow metal is joining the broader market…
US Dollar Mixed on Higher Retail Sales, Rising Inflation Expectations
The US dollar is trading relatively flat amid the broader financial markets erasing their early gains and sliding into negative territory. The greenback has been…
Gold Struggles To Hold $1,900 As Markets Monitor US Inflation
Gold futures are struggling to hold $1,900 on Tuesday amid a rising US dollar and investors waiting for inflation data later this week. The yellow…
Bitcoin Crashes Again As China, US Call for Greater Regulations on Cryptocurrencies
Bitcoin futures are crashing again to close out the trading week, driven by China calling for additional regulations on mining and the overall cryptocurrency market….