Tag: Federal Reserve
Gold, Silver Smash Records Amid Geopolitical Fears and Weak Dollar
Gold and silver climbed to new record highs on Friday, as investors moved aggressively into safe-haven assets amid rising geopolitical tensions and a weaker...
Bitcoin Slips to $87K as ETF Outflows Persist in Holiday Trade
Bitcoin moved lower toward the $87,000 level on Wednesday, extending recent weakness after another failed attempt to regain ground above $90,000. Thin year-end trading...
Lower Rates May Not Revive Employment Growth, Yardeni Warns
Yardeni Research has raised doubts over whether recent interest rate cuts by the Federal Reserve can reverse slowing employment growth in the United States....
U.S. Jobless Claims Fall Below Forecasts, Lifting the Dollar
U.S. labor market data delivered a positive surprise, as initial jobless claims fell below expectations, signaling continued strength in employment conditions. The latest figures...
S&P 500 and Dow Close at Record Highs as Gold, Silver...
U.S. equities finished Wednesday’s session at record levels, with both the S&P 500 and the Dow Jones Industrial Average posting all-time closing highs. Trading...
Japan Sparks Yen Surge With Fresh FX Intervention Signals
Major foreign exchange pairs traded mixed on Wednesday, with Asian currencies drawing the most attention. The South Korean won surged after authorities signaled new...
U.S. Stocks Edge Lower as Strong GDP Clouds Fed Rate-Cut Outlook
U.S. stocks opened modestly lower on Tuesday after a stronger-than-expected third-quarter GDP report fueled concerns that resilient economic growth could lead the Federal Reserve...
Bessent Backs Rethinking the Fed’s 2% Inflation Target
U.S. Treasury Secretary Scott Bessent said he supports revisiting the Federal Reserve’s 2% inflation target once price growth is sustainably brought back to that...
U.S. Dollar Slips Before Key Data as Yen Jumps on Intervention...
Major foreign exchange currencies strengthened on Tuesday as the U.S. dollar softened ahead of several key economic data releases. The Japanese yen led gains...
Yen Gains in Thin Trading as Intervention Fears Intensify
The Japanese yen strengthened during Asian trading on Tuesday, supported by broad U.S. dollar weakness and the strongest warning yet from Japanese officials signaling...
