Gold prices fell in Asian trade on Wednesday
as the bullion’s safe-haven appeal was dampened by easing U.S.-China trade tensions, while higher-than-expected U.S. inflation added furthe...Read More
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Gold prices fell in Asian trade on Wednesday
as the bullion’s safe-haven appeal was dampened by easing U.S.-China trade tensions, while higher-than-expected U.S. inflation added furthe...
Live Currency Exchange Rates
As of Monday, May 12, 2025, the US dollar index has reached a one-month high, trading near 101.35, based on renewed optimism following a significant easing in US-China trade tensions.
Over the weekend, the US and China reached a preliminary agreement in Geneva to reduce mutual tariffs for a period of 90 days. The US will r...Read More
The European Central Bank is tipped to slash borrowing costs three more times this year
bringing its key deposit rate down to 1.5% by the end of 2025, according to analysts at Deutsche Bank. But in a note to clients, the broke...Read More
The dollar’s recent strength has been supported
As of Friday, May 9, 2025, the US Dollar Index (DXY) is trading near 100.47, marking a slight decline of 0.17% from the previous session’s...Read More
The anticipation of the Federal Reserve's policy decision later today has also impacted gold prices
Gold prices fell by approximately 1.3% to $3,383.88 per ounce on Wednesday, retreating from the previous day's gains. This decrease i...Read More
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