| 31 Oct 2017 07:11 | Kitco News |
(Kitco News) - Gold prices are moderately down in early U.S. trading Tuesday. Squelching the gold and silver buyers on this day are a firmer U.S. dollar index and higher U.S. stock indexes. December Comex gold was last down $4.00 an ounce at $1,273.70.
more| 23 Oct 2017 07:22 | Market Realist |
The US Dollar Index (UUP) has bounced back from the shallow low that it saw in the previous week. The US Dollar Index posted a weekly close of 93.6, appreciating by 0.69%, making it the fifth week of gains in the last six weeks.
more| 23 Oct 2017 06:03 | The Sun Daily |
KUALA LUMPUR: The ringgit ended lower against the US dollar today due to a minor sell-off in the Malaysian bond market. At 6pm, the local unit was traded at 4.2360/2390 versus the US dollar from 4.2240/2260 on Friday. Oanda Head of Trading ...
more| 23 Oct 2017 05:30 | Seeking Alpha |
The US dollar is enjoying modest gains against most currencies as prospects of both tax reform and additional monetary tightening by the Fed carry over from last week.
moreGold is highly sensitive to rising U.S. rates, which lift the opportunity cost of holding non-yielding bullion while boosting the dollar, in which it is priced. The dollar had already posted its biggest one-day gain in a month on Friday after the U.S ...
moreThe medium trend seems to favor that the rise in the USD will not have a long-life, but for traders looking for confirmation to either side should keep an eye on US Yields. The same force that pushes the USD higher also aligns with the selling of US ...
more| 28 Sep 2017 12:29 | Bloomberg |
Mark McCormick, head of FX strategy for North America at TD Bank, talks about what U.S. tax cuts can mean to the dollar and FX markets. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg Daybreak: Americas." (Source: Bloomberg) ...
more| 14 Aug 2017 05:30 | Business Insider |
The US dollar index, or DXY, has fallen by more than 10% since hitting a multi-year high in early January this year, undermined by a combination of political gridlock in Washington, soft US economic data and improved economic activity elsewhere in the ...
more