Central banks were buying gold at record levels. Why are they selling now?
Gold’s pullback is exposing a rare shift in the market: after years of relentless accumulation, some central banks…
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across…
Dollar drops on Iran war de-escalation hopes
The dollar fell Tuesday on hopes of an end to the U.S.-Israel war with Iran, though it remained…
War sets dollar for monthly rise, yen recovers on intervention threat
The dollar headed for its biggest monthly gain since July on Tuesday as war in the Mideast has…
Dollar heads for weekly drop as central banks turn hawkish
The dollar slid Friday as soaring energy prices rattled global rate expectations, with the Fed the lone major…
Dollar set for steepest weekly gain in a year as Iran crisis boosts haven demand
The U.S. dollar held broadly steady in Asian trade ​on Friday and was poised for its steepest weekly…
Yen, euro under pressure as Middle East conflict stokes energy concerns
The yen and euro were lower on Tuesday as the widening Middle East conflict focused attention on countries dependent on…
Dollar gains, euro sags as Iran war lifts energy prices
The euro slid, while the franc and dollar rose on Monday as investors headed for safety after the…
Dollar languishes as Asia markets reopen to renewed tariff turmoil
The dollar languished on Tuesday as Asian markets weighed the fallout on global trade from renewed turbulence over…
China leaves benchmark lending rates unchanged as Beijing signals tolerance for stronger yuan
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty…
Dollar set for best week in four months on hawkish Fed, geopolitics
The dollar was buoyed on Friday by a run of better-than-expected economic data, a more hawkish Federal Reserve…
Yen strength from intervention risk keeps dollar in check
The yen held firm on Tuesday as traders remained on alert to the prospect of a coordinated currency…