Where king dollar is causing pain the most
The dollar is at its highest since November against other major currencies, poised for a fourth straight month of gains
Source: bdnews24.com
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Where king dollar is causing pain the most
Its latest rally, following stronger-than-expected March inflation numbers that pushed back U.S. rate cut bets even further, highlights how sensitive currency markets are to relative interest rate changes. "We track investor flows, and the dollar buying since the CPI release has been strong," said Tim Graf, head of macro strategy for Europe at State Street Global Markets. One dollar is worth just under 155 yen, its strongest since 1990, and Japan has warned that it might start buying yen to support its value.
Source: yahoo.com
Stocks rebound, oil and gold retreat on tempered Mideast fears
World stocks recovered some losses on Monday and bonds, oil and gold dipped as investors reversed some of their more defensive positions taken going into the weekend on fears of a wider Middle...
Source: marketscreener.com
Stocks rebound, gold tumbles on tempered Mideast fears
World stocks recovered some losses on Monday and gold fell by the most in a year, dropping with government bond prices and oil as investors reversed some defensive positions taken going into the...
Source: marketscreener.com
GLOBAL MARKETS-Equities gain, gold drops as fears of wider Middle East conflict ease
GLOBAL-MARKETS/ (WRAPUP 5):GLOBAL MARKETS-Equities gain, gold drops as fears of wider Middle East conflict ease | World News
Source: hindustantimes.com