With the dollar stabilizing ahead of the release of U.S. jobs data, this data may set the tone for the Federal Reserve's interest rate strategy. Additionally, the increased likelihood of a ceasefire agreement in the Middle East has dampened gold's safe-haven demand. Gold prices fell by over 1% on Tuesday.
According to surveys, foreign exchange strategists believe that the strong dollar in recent months will soften slightly over the next 12 months, as they generally consider the dollar to be...
Dollar stabilizes&Safe-haven Demand Cools, Gold Retreats to $2320, Focus Shifts to US Jobs Data
According to surveys, foreign exchange strategists believe that the strong dollar in recent months will soften slightly over the next 12 months, as they generally consider the dollar to be...
Dollar stabilizes&Safe-haven Demand Cools, Gold Retreats to $2320, Focus Shifts to US Jobs Data
