Roundup
77 articles
Gold sinks over 3% as US Treasury yields return to 2007 highs
Trump's rejection of Iran's Hormuz plan lifted oil and sent the US ten-year yield back to its 2007 highs; gold fell more than 3% and silver more than 5%.
Yen jumps after Trump flags its weakness; oil eases on Iran deal hopes
The yen jumped after Trump flagged its weakness to Japan's prime minister, oil eased on US-Iran deal reports, and the 30-year Treasury yield hit a 22-year high.
Dollar extends streak on Fed hawkishness; yen, Swiss franc weaken
The dollar rallied on hawkish Federal Reserve remarks, the yen and Swiss franc weakened, and the two levels the week watched both broke: Brent above $100, the 10-year above 5%.
US PMIs surge and yields hit their highest since 2007
A jump in US business activity drove Treasury yields to their highest since 2007 and the dollar to a two-month high, while silver tumbled 3.67% and gold fell over 1.5%.
Dollar extends recovery, pound slips as oil stabilizes
The US dollar climbed to multi-week highs, supported by hawkish Federal Reserve expectations, while the British pound dipped. Oil prices halted a four-day slide, and gold…
Dollar firms on hawkish Fed bets as oil extends slide
Hawkish Fed rhetoric kept the dollar firm while WTI fell 3.54% to around $91.90, a fourth straight session lower — and the dollar still led fewer minutes than any other major.
Yen slides despite BoJ hike as dollar pares gains; gold extends rally
The yen weakened even after the Bank of Japan hiked to 1.25%, the dollar pared its gains and gold extended its rally to just under $4,400.
Dollar eases, gold rallies over 2% as sterling slips after cautious BoE
The US dollar softened, reversing its recent rally, while gold rebounded significantly. The British pound weakened broadly after the Bank of England held interest rates steady.
Fed hikes to 4% and signals another; dollar index tops 100, gold slides
The Fed raised rates to 3.75-4.00% and signalled one more hike this year. The dollar index broke above 100 and gold fell to a one-month low near $4,250.
Dollar strength dominates as oil jumps past $100
The dollar extended gains to a two-week high ahead of the anticipated Federal Reserve rate hike, while crude oil jumped past $100 on supply concerns.
Brent jumps to $107 as Fed hike odds reach 87%
Brent jumped to $107 a barrel and market pricing put the odds of a Fed hike at 87%, pushing EUR/USD to a one-month low.
Fed week opens with the dollar unable to lead; yen speculators turn bullish
Markets have priced a September Fed rate hike and the dollar still cannot lead our basket, while speculators turn bullish on the yen and Canada's CPI data looms.
Dollar firms on hot US PPI, yen halts rally as oil tops $100
The dollar gained momentum following higher-than-expected US inflation data, while the yen's recent rally paused and oil prices climbed above $100.
Oil hits a 14-week high as gold snaps a three-day slide before the ECB
Crude reaches a 14-week high on the US-Iran tanker war, while a weaker dollar lifts gold off a three-day slide and extends the yen's rally into the ECB's decision.
Gold slumps to $4,350 as JPY remains strongest
Geopolitical tensions and inflation fears weighed on markets, even as the Euro edged higher and the Yen sustained its strength.
Yen surges on wage data as gold falls near $4,400
Japanese Yen leads gains on strong wage growth, while gold struggles under Fed hike prospects.
Tanker attacks lift oil near $90 as holidays thin the dollar's bounce
Iran and the US exchanged tanker attacks over the weekend, pushing WTI back towards $90.00, and both US and Canadian markets are closed for the holiday.
A second yen surge sinks the dollar and gold tests $4,500
A second session of yen buying started the dollar's slide and a conditional hold from the Fed's Christopher Waller finished it, taking the dollar index under 99.00 and through its 200-day average while gold rallied past $4,500.
