Tag: dollar
Is Gold Sold by the Ounce or Gram?
Jennifer -
Gold has been a symbol of wealth and a valuable commodity for millennia. It plays a significant role in global markets, from investments to...
Dollar Weakens, Yen Strengthens Ahead of Trump Inauguration
Jennifer -
The U.S. dollar weakened against the Japanese yen on Thursday, reaching a near one-month low, driven by softer-than-expected U.S. economic data and rising expectations...
Asian Stocks Slide Despite Strong China GDP; Bond Yields Fall with Fed in Focus
Jennifer -
Asian stock markets experienced a downturn on Friday, reflecting losses in U.S. equities the previous day. Despite a positive surprise from China’s GDP data,...
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
Jennifer -
UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
Gold Prices Edge Higher Amid U.S. Labor Market Data, Dollar Strength Limits Gains
Jennifer -
Gold prices edged up in early Asian trade on Friday, positioning themselves for a modest weekly gain as ongoing uncertainty over U.S. interest rates...
Oil Prices Set for Third Consecutive Weekly Gain Amid Rising Winter Fuel Demand
Jennifer -
Oil prices rose in early Asian trade on Friday, poised for a third consecutive week of gains, driven by increasing fuel demand due to...
Sunac China Shares and Bonds Plunge After Liquidation Petition Filed
Jennifer -
Shares and bonds of Sunac China fell sharply on Friday following the filing of a liquidation petition against the property developer, raising further concerns...
Indonesia Stocks Close Higher with Gains in Infrastructure, Financials, and Agriculture Sectors
Jennifer -
Indonesia's stock market saw positive movement on Friday, buoyed by gains in the Infrastructure, Financials, and Agriculture sectors. The IDX Composite Index closed the...
Australia Stocks Close Higher; S&P/ASX 200 Gains 0.60%
Jennifer -
Australian stocks ended the trading session higher on Friday, with significant gains in the Gold, Energy, and A-REITs sectors driving the overall market upward....
Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
Jennifer -
Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity, and Computers & Peripherals contributing to the...
Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
Jennifer -
Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity typical for the year-end. The precious metal...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
Jennifer -
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...