Gold prices hit 1-mth high after soft CPI data dents dollar – Investing.com
Investing.com — Gold prices hit a one-month high in Asian trade on Thursday as slightly softer consumer inflation data boosted hopes for lower interest rates this year, tracking declines in the dollar and U.S. Treasury yields. rose to The yellow metal has now topped $2,700 an ounce for the first time since early December, as […]
Japanese yen soars to 1-mth high as Tokyo CPI fuels BOJ rate hike bets – Investing.com
Investing.com — The Japanese yen hit its strongest level against the dollar in nearly a month on Friday, as better-than-expected inflation data released in Tokyo strengthened expectations for the Bank of Japan to raise interest rates in December. The exchange rate of the yen, which is required to buy one dollar, fell by about 1% […]