Tag: US yields
US Yields Continue to Rise in Forex Markets on July 1: Forexlive Recap
US Treasury yields continued to rise in the forex markets on July 1, with the NASDAQ index starting strong and closing at a record level. Former Fed Governor Clarida predicted one Fed rate cut...
Gold Prices Decline as Strong US Yields Boost US Dollar
Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming release of the Personal Consumption Expenditures (PCE) Price Index report...
Gold price drops due to firm US yields and strong USD following solid US...
Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility of fewer interest rate cuts by the Federal Reserve. The...