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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.
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Dollar Moves Higher on Stronger-Than-Expected US Payroll ReportThe dollar index (DXY00) today is up +0.36%. The dollar is higher after the stronger-than-expected US payroll report of ...
The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of ...
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad ...
A larger Fed rate cut on Wednesday "may well drive the dollar to new lows," while a smaller 25-basis-point reduction "would likely initiate far less currency volatility," said Joe Tuckey, head ...
The dollar index (DXY00 ) Tuesday fell by -0.11% as it gave back some of Monday’s gains. Monday’s dovish comments from Fed Governor Waller that he supports a rate cut at the December 17-18 ...
The US dollar rose Tuesday, capping its strongest yearly advance in nearly a decade as the solid US economy and Trump’s tax-cut and tariff policies promise to keep interest rates elevated.
The U.S. dollar has been sliding in the run-up to a widely expected interest-rate cut from the Federal Reserve on Wednesday and, depending on the size of the Fed’s move, it could end up ...
Dollar Climbs on Reduced Fed Rate Cut Expectations December 20, 2024 — 08:07 am EST. Written by Rich Asplund for Barchart-> The dollar index Thursday rose by +0.36% and posted a 2-year ...
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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