Gold (XAU) Silver (XAG) Daily Forecast: Can Gold Stay Above $2,677 Pivot Amid Rising Treasury Yields? – FX Empire
Those strong numbers supported the dollar, which is hovering near two-year highs, and pushed up U.S. Treasury yields. As a result, non-yielding assets like gold are less attractive to investors. Despite these pressures, uncertainty surrounding the US economic outlook and global geopolitical tensions have not diminished gold's appeal as a safe-haven asset. Silver falls on […]
Gold (XAU) Price Forecast: Will Safe-Haven Flows Offset Rising Yields Ahead of CPI? – FX Empire
Daily US Treasury 10 Year YieldGold's rally bucked typical market behavior as the 10-year Treasury yield soared to 4.79% and the U.S. dollar hit a multi-year high. This situation typically puts pressure on gold as the opportunity cost is high and the price becomes unfavorable for non-dollar buyers. However, growing concerns about the U.S. fiscal […]
Bank of America sees an opportunity to grab solid yields using these assets – CNBC
Bank of America says investors have an opportunity to capture solid yields on preferred securities this year despite potential headwinds. Preferred has characteristics of both stocks and bonds. They trade on exchanges like stocks, but they also have a face value and provide a source of income. Like bonds, when the price of a senior […]
Dollar strengthens as solid US data pushes up bond yields – Yahoo Finance
Tom Westbrook and Greta Rosen Fondern SINGAPORE/GDANSK (Reuters) – The dollar rose for a second straight day on Wednesday, but bond yields soared on positive U.S. data and bets on a U.S. Federal Reserve rate cut. As a result, other major currencies slumped near their lowest levels in months. Tuesday's data showed the number of […]
Shares muted in Asia, high yields test lofty valuations By Reuters – Investing.com
Written by Wayne Cole SYDNEY (Reuters) – Asian stocks had a calm start to the week on Monday. That's as high U.S. Treasury yields challenged Wall Street's wealthy stock valuations while supporting the dollar near multi-month highs. This week, the New Year holiday was approaching, so the volume was low, and the data diary was […]
Dollar reigns with the support of higher yields – Yahoo Finance
SINGAPORE (Reuters) – The Japanese yen traded near a five-month low against the dollar on Monday, supported by rising U.S. yields, as thin year-end liquidity kept most currencies in a narrow range. . The yen was trading at 157.71, with only the risk of Japanese intervention preventing it from retesting the 160 yen level last […]
Gold (XAU) Price Forecast: Will Rising Yields and Fed’s Hawkish Stance Keep Gains Capped? – FX Empire
Weekly US Dollar Index (DXY)A stronger dollar added to the pressure on gold. The U.S. dollar index rose for the fourth straight week, driven by economic data showing continued labor market resilience. Lower-than-expected jobless claims strengthened the view that the Fed may not need to cut rates more quickly, boosting the U.S. dollar and increasing […]
Gold (XAU) Price Forecast: Rally Stalls in Holiday Lull, but Yields Signal Downside Risk – FX Empire
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Ventura Counties ‘Shoplift With a Cop’ blitz operation yields 37 arrests
As the world gets into the holiday spirit, the Ventura County Retail Theft Task Force's Shoplifting by Cop blitz is working to make the holiday spirit a little safer. Ventura County, California, authorities on Thursday announced the results of a weekend operation dubbed “Shoplifting by Cop” that led to drug seizures and the arrest of […]
Gold sticks to intraday gains; lacks bullish conviction amid elevated US bond yields – FXStreet
Gold prices are struggling to capitalize on modest intraday gains amid mixed fundamental indicators. Expectations that the Fed will ease its dovish stance and rising US Treasury yields are capping the rise in XAU/USD. Geopolitical risks, trade war concerns and expectations for Fed rate cuts could support precious metals. Gold prices (XAU/USD) lost most of […]