Gold firms as dollar, yields slip; US inflation data looms
Gold prices firmed on Wednesday as the U.S. dollar and Treasury yields retreated, while market participants awaited U.S. inflation data for clues on the Federal Reserve's interest rate strategy. Spot gold gained 0.
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year over year in December but core inflation is seen unchanged at 3.
Gold Rises Ahead of U.S. Inflation Data
Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on the path of monetary policy.
Gold pares gains as investors digest US inflation data
Gold prices pared gains on Wednesday after a U.S. consumer inflation report offered mixed signals about the future path of rate cuts this year, even as a drop in the U.S. dollar and Treasury yields limited bullion's losses.
Gold Futures Rise on Weak U.S. Dollar, Economic Data
Gold futures rise on a weaker dollar and U.S. economic data. Futures are up 1.1% at $2,711.90 a troy ounce. The precious metal has built on gains from softer U.S. Producer Price Index data published Tuesday.
Fall in Gilt Yields After U.K. Inflation Data Could Lift Sterling
Sterling rose against the dollar and could get some relief from the fall in U.K. government bond yields after lower-than-expected U.K. inflation data, MUFG Bank said.
Dollar’s ‘Wrecking Ball’ Days Return Along With Donald Trump
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The U.S. dollar has never been stronger, by one measure. That could create problems for investors.
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Dollar strength reminds Wall Street 'US exceptionalism' isn't isolationism
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The surging dollar will separate the winners and losers this earnings season
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
Dollar, U.S. 10-Year Treasury Yields Rise to 2-Year High After Strong Data Dim Rate-Cut Prospects
The dollar hit fresh highs against several currencies and U.S. 10-year borrowing costs increased in tandem, continuing their ...
Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...
Why UBS expects the U.S. dollar to stay ‘stronger for longer’ in first half of 2025
The U.S. dollar will probably remain “stronger for longer” this year after the ICE U.S. Dollar index rose to its highest level since 2022, according to UBS Global Wealth Management. The ICE U.S Dollar ...
Does the Strong U.S. Dollar Mean It's Time to Plan an Overseas Vacation?
Key Takeaways The U.S. dollar has surged in recent months, and Bank of America analysts expect it to stay strong through ...