Latest Updates Around The World
The dollar held on to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet. The yen was also back on traders’ radar after Japanese Prime Minister Sanae Takaichi discussed the benefits of a weaker yen in a campaign speech […]
That of the US Federal Reserve January 23 decision Supporting the embattled Japanese yen is believed to be responsible for gold’s historic price rise above the US$5,000 per ounce level. The New York Federal Reserve reportedly carried out a “rate check” on currency traders regarding the exchange rate between the US dollar and the Japanese […]
The US dollar continued to rise overnight on Thursday after President Donald Trump withdrew his threat to impose tariffs on some European NATO countries, proclaiming the framework of a deal with NATO over control of Greenland. That put the safe-haven Swiss franc on the back foot, retreating sharply from a three-week high, while gold fell […]
Major U.S. stock indexes closed around record highs on Friday, little changed since the start of a quiet post-Christmas trading session, as expectations of Federal Reserve rate cuts and the appeal of safe-haven assets pushed precious metals prices to record highs. Holidays kept markets closed in Australia, Hong Kong and most of Europe, but those […]
Asian shares started the week on a positive note, following Wall Street’s gains on Monday, as technology shares drove investor sentiment and currency markets struggled with volatility, while the Japanese yen fell to a record low.In Japan, Nikkei added 973 points or 1.97% to reach 50,480 at 8:40 am IST. South Korea’s Kospi also rose […]
The U.S. dollar hovered near one-week lows against major peers on Wednesday, ahead of a widely expected Federal Reserve interest rate cut later in the day. The dollar lost further ground against the Japanese yen after US Treasury Secretary Scott Bessent indicated the new Japanese government is open to interest rate hikes by the Bank […]
