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 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.
Stocks edge up, dollar steady before pivotal inflation data
Global stocks edged up on Wednesday in cautious trading ahead of U.S. consumer price data that could shift the monetary policy outlook there, while investors waited
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.
Rupee to inch up on dollar pullback before US inflation data
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates.
Gold Prices Surge Ahead of US CPI Data: Investors Eye Inflation Trends
Gold prices trade higher ahead of US CPI data. It hit an intraday high of $2685 and currently trading around $2683. Anticipated US CPI Release The US Consumer Price Index for December 2024 is going to be announced,
Dollar weakens after CPI shows cooling inflation; yen firms on BOJ talk
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...
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.
Stock Market Today: Dow Industrials Jump after Inflation Data; Banks Post Strong Earnings
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Investors Should Use Dollar Strength To Diversify Internationally
The high dollar and expensive U.S. stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond ...
Pound dips slightly on dollar after British inflation unexpectedly slows
The pound dipped slightly against the dollar after data that showed British inflation unexpectedly slowed to an annual rate ...
Elon Musk Foresees Drop In Bitcoin, Dogecoin Prices If Dollar Inflation Solved: 'What Matters Is The Ratio…'
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin ...
As Dollars Circulate In Syria, What Say Central-Planning Monetarists?
Yes, dollars circulated in authoritarian, murderous Syria because market goods did. And market goods, services and labor ...
Stocks surge after softer US inflation, upbeat fourth quarter earnings
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...