Page 15 - Quantitative Easing News Today

Gold price (XAU/USD) faces selling pressure near fresh all-time highs around $2,265 in Monday's early New York session.

(Bloomberg) -- A resurfaced speech from Chinese President Xi Jinping suggests policymakers may start trading government bonds to regulate liquidity in the market, pushing the nation toward strategies used by the Federal Reserve and other major central banks around the world. Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksErdogan Suffers Historic Loss in Turkey Municipal ElectionsCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownTesla Has...

The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.

Even after President Xi Jinping has asked for China’s central bank to trade government bonds, the outcome is likely to remain limited as the bank does not want to trigger negative outcomes for inflation and exchange rates.

Gold price (XAU/USD) continues with its struggle to make it through the $2,200 mark and oscillates in a range during the Asian session on Thursday.

The US Dollar Index (DXY) initially soared to 104.70 but then stabilized at 104.50.

Gold price (XAU/USD) soars to $2,190 in Wednesday’s early American session amid multiple tailwinds.

The US Dollar Index (DXY) is currently trading with mild gains at 104.3, a level close to Friday's peak of 104.50.

The US Dollar Index (DXY) is hovering around 104.20, trading with mild gains against its rivals on Tuesday.

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said on Friday that he expected just one interest rate cut this year instead of the two rate cuts he had forecast, citing persistent inflation and stronger-than-anticipated economic data.