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Gold rises on weaker US dollar as markets await Fed rate-cut clues
BENGALURU] Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to assess the Federal Reserve’s potential rate-cut trajectory amid renewed calls from US President Donald Trump to lower rates.
The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of ...
Overall the emerging market (EM) assets have better tailwinds than developed markets (DM). Elara stated, easier financial ...
Powell holds cautious Fed stance as Bostic resists cuts while Waller, Bowman push for July easing. Dollar weakness signals ...
The dollar hit a fresh three-and-a-half-year low against the euro on Friday as traders bet that the Federal Reserve will cut ...
Investors poured cash into exchange-traded funds that buy emerging market stocks and bonds for the fifth consecutive week, extending a multibillion dollar streak amid easing Middle East tensions and ...
The dollar index has climbed 3% since the election, reflecting reduced confidence in aggressive Fed cuts. FedWatch shows a 59.1% probability of a December rate cut, down from 82.5% last week.
The NZD/USD pair attracts some buyers to around 0.6105 during the early European session on Wednesday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) as the Federal Reserve (Fed) ...
Gold Futures Gain on U.S. Dollar Weakness, Market Uncertainty 1358 GMT – Gold futures rise 1.6% to $3,362.10 a troy ounce on a weaker U.S. dollar and sustained safe-haven demand.
Global stocks edged higher and the dollar traded close to a three-year low on Wednesday, as investors pondered the prospect ...
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