Gold prices edged up on Monday as the dollar weakened while trade concerns between the U.S. and China also supported the bullion. Gold futures for August delivery on the Comex division of […]
The dollar continues its outstanding performance as bonds rises in the market. The U.S. Treasury yield is pushing the dollar up as it hits a 10-year rise, growing by a total of […]
Currency markets in Asia had a little movement on Tuesday morning as investors look to Powell’s first testimony at the Congress happening later today. Traders expect the testimony to result in possible […]
The continued its descent against the yen, hitting a new 15-month low on Thursday. Market participants are anticipating further slide, bracing for further near-term weakness in the US currency.
Oil prices dropped for the second day on Tuesday. There were two contributing factors identified in the continuous decline. One was the rising U.S. output and the other was the strengthening dollar. […]
The dollar traded higher than its recent lows against major rivals on Friday. This followed US President Donald Trump’s statement that he wanted a “strong dollar.” The statement was a contradiction to […]