Gold loses shine as focus shifts to US inflation data
Gold prices tumbled on Monday as hopes for a de-escalation in the Middle East reduced its safe-haven appeal.
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Federal Reserve
Yen Rises, dollar retreats as G7 eyes currency calm
The US dollar took a breather on Thursday after Federal Reserve comments solidified expectations of continued…
Yen sinks, dollar up on Fed remarks
The US dollar edged lower on Wednesday, while the Japanese yen hovering near its weakest level in 34 years at…
US factory production surges in March
US factory production surged in March, buoyed by increased output in motor vehicle assembly and other sectors.
US data lifts dollar, yen weakens
The US dollar strengthened against major rivals on Tuesday, reaching a five-month high against the pound and euro,…
BofA profits decline in Q1 ’24
Bank of America (BofA) witnessed a decline in its profits on Tuesday, attributed to reduced earnings from customer…
Fed rate cut expectations diminish
Traders' confidence in three quarter-point interest-rate cuts by the Federal Reserve this year is fading, with…
Bitcoin falls as Fed rate-cut hopes and ETF demand dim
Bitcoin experienced a drop of up to 5.3 per cent, trading at $66,920 as of 7:15 a.m. Tuesday in London, Bloomberg…
Gold prices surge over US rate-cut expectations
Gold prices surged on Thursday, heading for their largest monthly increase since November 2022 due to a strong…
URGENT: No rush to cut policy rate – Fed board member
According to an official statement on the Fed's website, Christopher J. Waller, a member of the Federal Reserve…
