Tag: price
Gold Prices Rise Despite Strong US Dollar and Bleak Economic Sentiment
Jennifer -
Gold prices surged late in the North American trading session on Friday, climbing by over 1% despite the continued strength of US Treasury bond...
Oil Prices Dip on Prospects of Prolonged Higher US Rates and Strengthening Dollar
Jennifer -
Oil prices took a tumble by nearly $1 a barrel on Friday, influenced by remarks from U.S. central bank officials hinting at the potential...
SoftBank Expected to Report Q4 Loss Despite Strong Tech Stock Performance
Jennifer -
SoftBank Group, the Japanese technology investor, is anticipated to report a return to losses in its upcoming earnings release on Monday, despite a robust...
Wall Street Closes Up, Notches Another Weekly Gain Ahead of Inflation Data
Jennifer -
U.S. equities edged higher on Friday, capping off another week of gains for all three major indexes as investors digested comments from Federal Reserve...
What is gold trading at this morning?
Jennifer -
Gold, often referred to as the "king of metals," holds a special place in the world of finance and investment. Its timeless allure, intrinsic...
Is bitcoin a fiat currency?
Jennifer -
Bitcoin, the world's first decentralized cryptocurrency, has captured the imagination of investors, technologists, and policymakers since its inception in 2009. As a digital asset...
What supports the value of the US dollar?
Jennifer -
The US dollar stands as one of the world's most influential currencies, serving as the primary reserve currency and a benchmark for global trade...
Is fiat money backed by gold or silver?
Jennifer -
Money serves as a medium of exchange, unit of account, and store of value in modern economies, facilitating transactions and economic activity. Fiat money,...
Dollar Softens on Softening Labor Data, Pound Recovers Post-BoE Announcement
Jennifer -
The dollar weakened against most currencies following the release of economic data indicating further softness in the U.S. labor market. Concurrently, the pound rebounded...
UBS Analyzes Historical Trends to Forecast USD/JPY Movement
Jennifer -
Despite last week's official intervention, the Japanese yen struggles to sustain gains against the U.S. dollar, prompting UBS to anticipate a potential medium-term decline...
Gold Prices Rise, Head for Weekly Gains Amid Weak US Labor Data
Jennifer -
Gold prices surged in Asian trade, with spot gold rising by 0.3% to $2,354.06 an ounce and gold futures for June delivery jumping by...
Bitcoin Price Holds Steady at $62k Amid Dollar Weakness
Jennifer -
On Friday, the price of Bitcoin remained unchanged as traders continued to exhibit caution towards crypto markets, despite a decline in the U.S. dollar...