Gold prices rise on slightly weaker dollar, geopolitical tensions – Investing.com
Investing.com – Gold prices rose slightly in Asian trading on Thursday as markets returned to trading after the Christmas holiday, but investors remained cautious following the US Federal Reserve’s hawkish leanings. , the increase was limited. Volume was thin as traders also refrained from placing large bets during the holiday-shortened week. By midnight ET (5 […]
Dollar retains strength; euro near two-year low – Investing.com
Investing.com – The U.S. dollar rose in thin trading due to the holiday Tuesday, continuing its recent strength as traders braced for a smaller Federal Reserve interest rate cut in 2025. At 4:25 a.m. ET (9:25 p.m. Japan time), the dollar index against a basket of six other currencies was up 0.1% at 107.905, trading […]
Gold prices edge up, remains pressured by strong dollar after hawkish Fed – Investing.com
Investing.com — Gold prices edged higher in Asian trade on Tuesday, remaining weak as investors remain wary of dollar strength following hawkish U.S. Federal Reserve leanings followed. Traders also refrained from placing large bets ahead of a shortened trading week due to the Christmas holiday. By 21:46 ET (02:46 GMT), shares were up 0.2% to […]
Australian Dollar remains under pressure following the release of the RBA Meeting Minutes – FXStreet
The Australian dollar has fallen as the RBA could start cutting interest rates in February. RBA minutes suggested the board was becoming more confident about inflation. But the risks still existed. The US dollar strengthened as Fed policymakers signaled a reduction in interest rate cuts in 2025, citing a slowdown in the disinflationary process. The […]
EUR/USD: Euro Seeks Higher Grounds After Fed-Fueled Dollar Rally Eases Grip on Forex – TradingView
Important points: The euro rose slightly against the dollar Major currency pairs remain around $1.0450 Interest rate outlook stimulates currency trading Illustration: TradingView European currencies are taking a breather after being dismantled last week in a series of events. of euro dollar pair The euro was firmer on Monday morning after rising about 0.8% on […]
USD/INR rises as renewed US Dollar demand drags Indian Rupee lower to near record low – FXStreet
The Indian rupee fell in early European trading on Monday. The strong US dollar is weighing on the Indian rupee, but periodic intervention by the central bank could limit the rupee's downside. Investors are awaiting the release of the December US Consumer Confidence Index later on Monday. The Indian rupee (INR) remained weak near record […]
US Dollar Index hovers near fresh 25-month highs, 108.50, PCE Inflation awaited – FXStreet
The dollar index previously hit 108.49, the highest since November 2022. The US dollar rose as the Federal Reserve emphasized caution on its policy outlook. U.S. gross domestic product (annualized) reported growth of 3.1% in the third quarter, beating expectations for a 2.8% increase. The US Dollar Index (DXY), which measures the value of the […]
Rupee falls to all-time low of 85.12 against US dollar – Greatandhra
The Indian rupee fell by 18 paise against the US dollar to a record low of 85.12 on the National Stock Exchange (NSE) over the US Federal Reserve's (Fed)'s hawkish comments on the prospect of interest rate cuts. At Wednesday's Federal Reserve meeting, the focus shifted to maximum employment and price stability, with the FOMC […]
Australian Dollar remains steady after recovering losses, US GDP Annualized eyed – FXStreet
The Australian dollar recovered its daily losses after Thursday's announcement of consumer inflation expectations. Australian consumer inflation expectations rose to 4.2% in December, up from a previous rise of 3.8%. The US dollar index (DXY) hit 108.28 on Thursday, its highest since November 2022. The Australian dollar (AUD) narrowed its daily decline following Thursday's announcement […]
Dollar charges ahead on hawkish Fed outlook, yen awaits BOJ – Yahoo Finance
Written by Lei Wee SINGAPORE (Reuters) – The dollar hit a two-year high on Thursday after the U.S. Federal Reserve signaled a slower pace of interest rate cuts in 2025, while the yen weakened ahead of the Bank of Japan's policy decision. It fell to its lowest price in a month. (Bank of Japan) later […]