Gold rises more than 1% as dollar softens
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
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Gold rises more than 1% as dollar eases
Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.
Dollar seen staying in 155-160 yen range
LGT Private Banking Asia said the dollar is likely to remain rangebound against the yen in the near term, largely within 155 to 160 yen. The bank cited intervention risk, Japanese investor repatriation and wide U.S.-Japan rate differentials.
LGT says dollar likely to trade 155-160 yen range
LGT Private Banking Asia said the dollar is likely to remain rangebound versus the yen, largely trading within 155-160 yen in the near term, citing intervention risk as a cap.