Investing.com - Gold prices edged higher in European trade on Thursday, as the dollar extended its recent decline to the lowest level since October, boosting the appeal of the yellow metal.
The U.S administration, and Trump in particular, will be delighted at the weakness in the Dollar, though the weakness has come less from the administration’s failings and more to do with the post Global Financial Crisis era of extreme monetary policy accommodation coming to an end. We have heard from Fed Chair Yellen in the … Continue reading Central Banks Turn the Corner, Leaving the USD in their Wake
Dow Jones Close to Highs Today in the US the GDP stats will be published and it could have a big effect on the markets depending on the numbers that come out. The U.S Dollar has been weaker recently versus most of their counterparts. Wall Street roared upwards yesterday as the central bank statements had … Continue reading US Dollar Extends Fall, Asian Markets Gain