Roundup· page 3
109 articles
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.
Intervention talk lifts the yen off 160 as the kiwi falls on its hike
Suspected Japanese intervention gave the yen its best session in weeks and knocked USD/JPY back off 160.00, while the New Zealand dollar got the rate hike it wanted from the Reserve Bank of New Zealand and fell 1.45% anyway.
Gold collapses 2.3% as US-Iran strikes send oil vertical and yields to 4.79%
A second wave of US strikes on Iran took WTI crude above $88.50 and the US 10-year to 4.79%, its highest since January 2025 — and gold fell 2.3% to a two-week low near $4,330 instead of catching a safe-haven bid.
Oil holds above $85.50 after US-Iran strikes as gold fails to rally
US strikes on Iranian launchers and Tehran's reply lifted crude 2.5% on Monday and pushed US yields higher; WTI holds above $85.50 into Tuesday, and gold still cannot rally.
Gold slips below $4,450 as Warsh lifts hike bets, yen tests 160
Gold extended Friday's slide after Fed Chair Kevin Warsh's hawkish Jackson Hole speech lifted rate-hike bets, the yen led our strength gauge but slid back to 160.00 against the dollar, and China's factory PMI beat forecasts without leaving contraction.
