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Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance in over three years as a rallying U.S. dollar and expectations of less aggressive interest rate cuts by the Federal Reserve pressured the precious metal.
Gold suffers worst week in 3 years as investors weigh Trump victory
Gold is on track for its worst week in more than three years as Donald Trump’s US election victory and a strong dollar send bullion’s historic rally into reverse. After jumping more than 35 per cent this year to a series of record highs,
Gold suffers sharp decline post-Trump victory, worst week since 2021
Gold prices have been hammered this week, falling harder than they have in three years. The metal dropped over 5% to $2,568.20 per troy ounce, its sharpest weekly plunge since June 2021. Just two weeks ago,
4d
on MSN
Why a strengthening US dollar could spark instability in global markets in Trump's 2nd term
Markets have already picked up on the likelihood of a stronger US currency under Trump's presidency. The US Dollar Index, ...
4h
USD/CAD clings to gains near 1.4100 as Canadian inflation data takes center stage
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, clings to gains near a fresh ...
11h
The US dollar surges
The US dollar is rallying, as markets expect that the next administration will reignite inflation. Meanwhile, the president-elect’s tariff proposals have sent European markets tumbling. Plus, offshore ...
Markets Insider on MSN
12d
Why the US dollar is the most important asset to watch as the election results come in
The US dollar's strong liquidity and global 24-hour trading activity make it a strong early indicator of the election result.
14h
on MSN
USD Set to Receive $75 Million Donation, Will be Used for STEM Programs
The pledge from Darlene Marcos Shiley, philanthropist and Chair Emerita at USD, was reported at $75 million, according to the ...
5d
US dollar and bitcoin advance spurred by Trump tariff expectations
The U.S. dollar rose to a 6-1/2-month high against major peers on Tuesday, while bitcoin pared gains after earlier hitting a ...
malaymail
5h
Ringgit dips against US dollar as global uncertainty boosts greenback
The ringgit slipped against the US dollar at the close on Monday amid the mixed performance of regional currencies, said Bank ...
4d
on MSN
US Dollar Surge Hits Asian Markets
Asian markets, including Japan's Nikkei 225 and Hong Kong's Hang Seng, saw declines due to the strength of the dollar.
10h
Rupee recovers from record low, gains 8 paise to 84.38 against the US dollar
The rupee rebounded after hitting a record low, aided by easing crude prices. However, inflationary pressures and rising US ...
FXStreet
7h
NZD/USD Price Forecast: Tests 0.5850 to break below the descending channel
NZD/
USD
may depreciate further as daily chart analysis indicates a strengthening bearish bias. The pair attempts to break ...
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