USD/CHF consolidates around 0.8790 post recent gains, focus on US PCE data
USD/CHF moves sideways amid a tepid US Dollar (USD) despite improved US Treasury yields.
Source: fxstreet.com
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Gold hits 1-month high as dollar dips after US PCE data
Spot gold was up 0.5% at $2,045.59 per ounce as of 12:59 p.m. ET (1759 GMT). U.S. gold futures gained 0.6% at $2,054.40.
Source: moneycontrol.com
Latest Inflation Numbers Give Mortgage Rates Room To Fall
Key Fed inflation metric, the PCE price index, falls to 2.4 percent in January, continuing its move in the right direction toward the Fed's 2 percent inflation target.
Source: inman.com
Nasdaq stock index notches first record high in two years - fuelled by surge in AI tech stocks like Nvidia and good news on inflation
The Nasdaq technology-focussed stock index closed at a record high today - another boost for investors and Americans' 401(K) retirement accounts.
Source: dailymail.co.uk
EUR/USD dips back to 1.0800 on Thursday after US PCE inflation boosts Greenback
EUR/USD drifted back into the 1.0800 handle once again on Thursday after weak-kneed German Retail Sales and Consumer Price Index (CPI) inflation came in mixed but missed the mark overall.
Source: fxstreet.com