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Chart for Gold/USD
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Latest Stories for Gold/USD
From thedailygold.com | 25 min ago
The intermediate-term correction in precious metals is getting long in the tooth—but it is not over yet. We are finally seeing the kind of cleansing you want to see after a major breakout: sentiment has cooled, positioning has washed out, and participation has thinned. But when you line up the historical analogs and drill into breadth, the message is clear: ...
The May jobs report is strong, with non-farm payrolls rising 172k versus the 88k consensus expectation, plus there were 93k upward revisions to the past two months’ data. Private payrolls are up 120k versus 89k expected, while government added 52k. Meanwhile, the unemployment rate remained at 4.3% and wage growth slowed to 3.4% from 3.6%. The breakdown ...
With a great Jobs Report, like just announced, stocks should go up, not down. That’s the way it was for 200 years. Growth does not mean inflation! How else can a Country attain GREATNESS??? President DJT
FED'S HAMMACK SAYS ACTION ON INTEREST RATES COULD BE NECESSARY SOON. HAMMACK SAYS JOBS REPORT SHOWS LABOR MARKET IS ESSENTIALLY BALANCED. Fed's Hammack: It's reasonable to keep rates steady for now but if recent trends continue, it may soon be appropriate to act against high inflation. Cleveland Fed President Beth Hammack updates and restates her view from a few days ago: It's fine to leave rates where they are today but "if recent trends continue, it may soon be appropriate to act." [Translator key: Appropriate to act = raise rates]
WH Sr. Adviser Hassett: The Fed shouldn't hike, and will have room to cut. HASSETT SAYS THE FED CAN MONITOR INFLATION AND DELAY ACTION. HASSETT: FED HAS BEEN BEHIND THE CURVE, PLENTY OF ROOM FOR CUT
From aol.com | 7 hr ago
Federal Reserve officials' waning concern about the job market, so intense at the start of the year that it supported calls by many of them for interest rate cuts, will be tested on Friday with new data that also frames the opening debate of Kevin Warsh's term as head of the U.S. central bank. Economists polled by Reuters expect U.S. employers created ...
Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, joins Katie Greifeld on "Bloomberg Real Yield." They discuss Friday's US jobs report and the path forward for new Fed Chair Kevin Warsh.
From coface.com | 13 hr ago
The compromise reached on 20 May between the Council of the European Union and the European Parliament on the texts ratifying the Turnberry Agreement marks a new stage in trade relations between Brussels and Washington. But behind the appearance of a transatlantic thaw, the agreement primarily reflects a risk management approach: the aim is to avoid a new ...
From brecorder.com | 15 hr ago
Gold prices edged lower on Friday, and were set for a weekly loss, as tensions in the Middle East dampened hopes for a U.S.-Iran peace deal amid rising inflation and rate-hike fears. Spot gold was down 0.3% to $4,462.22 per ounce, as of 0049 GMT. It has fallen about 1.6% for the week so far. U.S. gold futures for August delivery fell 0.4% to $4,489. The ...
Russian President Vladimir Putin pushed back at prospects for European leaders to help negotiate an end to his war in Ukraine, dismissing them as mediators and pointedly insisting on a peace deal he said had been worked out with Donald Trump in Alaska. “How can the European Union or individual EU countries serve as mediators when they are directly assisting ...
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CrazyTrades replied 20 min agoDXY at 125 Loading... DXY stands for Dollar strength, compared against a basket of 6 major currency of the world, of which weights of GBP & EUR when combined accounts for ~70%. It ...
DXY - CrazyTrades replied 21 min ago
DXY at 125 Loading... DXY stands for Dollar strength, compared against a basket of 6 major currency of the world, of which weights of GBP & EUR when combined accounts for ~70%. It ...
Key Global Insights - Moneta Markets -
Deal replied 29 min agoThe best buy target is actual of fxcontest Was the tipical value price zone between 4370/82 and 4393 from yesterday at a normal extended day, 4433 zone aka 4427 zone was already ...
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