Bessent says Dollar’s global status is critical to US economy
Scott Bessent, Donald Trump’s nominee for Treasury secretary, said on Wednesday that maintaining the US Dollar (USD) as the ...
Gold jumps most since mid-December as mild inflation data revives rate cut hopes
Front-month gold futures surged to their largest gain in nearly a month, after U.S. core inflation data came in softer than ...
US Dollar gives up ground as markets asses inflation data
Core CPI rose by 3.2% over the same period, stepping down from November’s pace as monthly core inflation printed at 0.2%. The CME FedWatch Tool implies that investors have priced in a hold this month, ...
Gold advances as softer core CPI data revives Fed easing hopes
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...