Gold gains amid tensions in Ukraine and Middle East, against strengthening dollar and US economy
Gold gains for a second day, amid conflicts raging in Ukraine and in the Middle East; meanwhile the dollar extends its rally against the euro, on diverging monetary policy paths of the ECB and the Fed. It was a More...
The euro slumped to one-year low on ECB additional liquidity measures expectations
The euro slides further south on bets the European Central Bank is about to take further steps to support the euro zone economy. Last week the ECB Governor, Mario Draghi, stated the central bank was ready to take More...
Dollar firmed further against the euro and the yen on Monday
The dollar index continued its steep ascent on diverging policy paths of the Fed, on one side, and the ECB and BOJ, on the other. The dollar soared against the euro and the yen on Monday, following investors’ More...
US Nonfarm Payrolls have the potential to pause the dollar rally
Softer US Employment figures could take some steam off the dollar wild run in the last four months, but would not be a game changer The dollar had an impressive performance in July. Its rally against a basket of More...
Dollar strength ahead of GDP data and the Fed release
The US dollar outperformed all its six major rivals before key economic releases on Wednesday, sending the dollar index to a six-month high. The dollar index, measuring the greenback performance against a basket More...
