Gold price climbs fueled by Trump tariff threats – FXStreet
Xau/USD is approaching record highs, with Goldman Sachs looking at a $3,100 target. Investment banks are projecting a 9% rise as a surge in central bank demand. Trump's tariff policy boosts fuel market uncertainty and gold's appeal. Federal Reserve officials remain cautious about inflation as they focus on FOMC minutes this week. Gold prices surged […]
Australian Dollar climbs as markets assess Trump’s remarks post-PPI – FXStreet
The Aussie is approaching nearly 0.6300 in softer USD. Risk sentiment fluctuates as potential mutual tariffs loom between China and the US. USD could not capitalize strong PPI data. The Australian Dollar (AUD) will acquire position against the US Dollar (USD) on Thursday. Despite these benefits, the risk-sensitive OUD has announced that US (US) President […]
Gold Climbs to Record as Traders Weigh Threat From Tariffs – Yahoo Finance
(Bloomberg) -Gold -Gold made another record, President Donald Trump repeatedly imposed tariffs on Mexico and Canada, and investors gathered in a safe shelter. Most read from Bloomberg The bullion exceeded $ 2,800 for the first time on Friday. The rapid increase came on February 1 after tracking on February 1 that it would impose a […]
Dollar Climbs as Bessent, Trump Reignite Universal Tariff Threat – Yahoo Finance
(Bloomberg) -After comments from President Donald Trump and his Finance Secretary comments, dollars were strengthened to all major currency. Most read from Bloomberg The risks of Australia and New Zealand's risks have decreased by 0.7 % to Asian dollars on Tuesday, but Thai baht decreased by 0.8 % and losing major losses in emerging Asia. […]
Japanese Yen sticks to intraday negative bias; USD/JPY climbs to 156.00 neighborhood – FXStreet
The Japanese yen has moved away from its one-month high against the US dollar hit on Tuesday. The divergence in policy expectations between the Bank of Japan and the Fed will help limit the yen's sharp depreciation. Traders may also choose to stay on the sidelines ahead of the Bank of Japan's meeting starting Thursday. […]
Dow climbs as Wall Street overcomes fear of Trump tariffs
Wall Street's top headliners on Tuesday as investors assessed Donald Trump's first actions as president and breathed a sigh of relief that he did not start his second term with an across-the-board tariff hike. Indices closed higher, with the S&P 500 and Dow hitting one-month highs. The blue-chip Dow Jones Industrial Average rose 537.98 points, […]
Gold price climbs above $2,700; upside seems limited ahead of Trump’s inauguration – FXStreet
Gold prices reversed declines in Asian trading on Monday amid a mild sell-off in the US dollar. Expectations that the Fed will pause its rate cutting cycle could keep XAU/USD in check amid a positive risk tone. Traders are now eagerly awaiting U.S. President-elect Donald Trump's inaugural address, which will provide fresh stimulus. Gold prices […]
Death toll climbs to 27 from California fires as return home for thousands of evacuees uncertain
Californians and Angelenos are temporarily escaping the danger of intense wildfires that have plagued the region for the past nine days, but thousands of evacuees are unable to return home amid gloomy news of a rising death toll. It remains unclear. The Los Angeles County Coroner's Office currently reports 27 people are confirmed dead from […]
Stock market today: Wall Street climbs toward its best week since November – The Associated Press
NEW YORK (AP) — U.S. stock indexes are trading higher Friday for their best week in two months. The S&P 500 rose 0.9% in early trading, marking its first winning week in the past three weeks. As of 9:35 a.m. ET, the Dow Jones Industrial Average was up 308 points, or 0.7%, and the Nasdaq […]
California wildfires death toll climbs to at least 16, over 37K acres burned
The death toll from California wildfires has risen to 16, according to the Los Angeles Coroner's Office. Workers are battling to stop the fire from spreading before another strong wind blows and could push the flames into the city's most famous landmark. The coroner's office said five people died in the Palisades fire and 11 […]