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Gold gains on softer US dollar, Fed decision awaited
BENGALURU] Gold prices edged higher on Monday (May 5), helped by a weaker US dollar, while investors awaited more clarity on trade policy between the US and its trading partners, and looked forward to the Federal Reserve’s policy decision due later this week.
The greenback slid to a fresh record low against the Taiwan dollar to 28.8150 amid speculation that Taiwan was letting its ...
Presidential demands for lower interest rates are falling on deaf ears at the Fed as near-term inflation concerns limit the ...
The U.S. dollar has been supported in recent months by Fed chair Jerome Powell’s relatively hawkish approach to interest ...
Heading into the FOMC, traders were on a risk diet, not a buffet. Soft data had baked in a Fed pivot, but the ensuing hard ...
A flight from U.S. financial assets prompted by President Trump’s trade war is subsiding as the White House appears ...
The dollar was rising as concerns over the Federal Reserve's independence and a U.S.-China trade war ease following remarks ...
The U.S. Dollar Index (DXY) stabilized near $99.16 on Wednesday, extending its recovery as markets await a cascade of U.S. economic updates and Federal Reserve commentary. Price action followed a ...
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