TAG: US dollar index
Why are gold and US dollar rates moving in same direction? — explained
Gold rate today: Despite the strong US dollar, gold and silver prices are continuously flirting with the record highs since last. After hitting a new peak on Friday, gold and silver prices climbed to a new peak in the early morning session on Monday. Gol...
6 months ago
Currency war and geopolitical risk are deadly concoctions for risk assets
The odds have inched higher for a currency war scenario where the Chinese yuan may be weakened further to drive export growth due to its latest decelerating growth trend in China’s retail sales and persistent weak housing prices. Export-oriented countrie...
6 months ago
Markets Weekly Outlook – ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus
Market expectations for a Federal Reserve rate cut decreased following mixed US data signals. The European Central Bank’s interest rate decision is a key event, with a 25 bps cut highly anticipated. The week ahead features CPI releases from several count...
1 day ago