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Gold price (XAU/USD) rally hit a pause in Monday’s European session as investors await the United States Consumer Price Index (CPI) data for February, which will be published on Tuesday.
The Pound Sterling (GBP) exhibits moderate pressure in Monday’s late European session amid uncertainty ahead of a data-packed week.
Gold price (XAU/USD) holds steady around the $2,045 region during the Asian session on Friday and remains well within the striking distance of a nearly one-month peak touched the previous day.
The Japanese Yen (JPY) strengthened sharply against its American counterpart and shot to over a two-week high on Thursday after the Bank of Japan (BoJ) board member Hajime Takata dropped the clearest hint of a looming rate hike.
Op Ed by Professor Mthuli Ncube, Zimbabwe Minister of Finance