Fed Holds Rates Steady Amid Persistent Inflation, Dollar Dips
In a unanimous decision, the Federal Reserve opted to maintain the target range for the benchmark federal funds rate at 5.25% to 5.5%, downplaying the possibility
Gold Prices Dip Ahead of Key US Economic Data and Fed Decision
Gold prices experienced a decline early Tuesday, with traders opting to cash in profits as anticipation builds ahead of the upcoming US Federal Reserve (Fed)
Yen’s Dive Below 160 Against Dollar Spurs Intervention Speculation
The Japanese yen experienced a significant dip below 160 per dollar for the first time since 1990, marking a notable milestone in its recent downward trajectory.
Oil Set for Weekly Gain as Markets Eye US Inflation Data
Oil prices are poised for a weekly uptick as investors await crucial US inflation data, which is expected to provide insights into the trajectory of
Yen Plunges Below 155 per Dollar, Lowest Level Since 1990
The Japanese yen experienced a significant downturn, plummeting beyond the 155 per dollar mark to levels unseen since 1990. This sharp depreciation continued after breaching
Gold Investors Eye $2,318 Support Amidst Anticipation of US Economic Data
All eyes in the gold market are firmly fixed on the critical $2,318 support level for XAU/USD as traders eagerly await key US economic indicators