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.
Fall in Gilt Yields After U.K. Inflation Data Could Lift Sterling
Sterling rose against the dollar and could get some relief from the fall in U.K. government bond yields after lower-than-expected U.K. inflation data, MUFG Bank said.
US Consumer Inflation Rises To 2.9 Percent In December
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Gold eases as spotlight shifts to US inflation data
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory. Spot gold eased 0.
Gold Rises Ahead of U.S. Inflation Data
Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on the path of monetary policy.
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 ...
Next CPI Inflation Report Could Reduce 2025 Fed Rate Cut Expectations
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 ...
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.
Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...
Cost of living crisis set to intensify again as bills mount despite surprise fall in inflation
Households and businesses have had it tough since the start of the COVID pandemic and there are solid reasons to believe that ...
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 ...
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 ...
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 ...