U.S. dollar trades near oneweek low Stable unemployment rate may justify a gradual ratecutting process analyst U.S. nonfarm payrolls report due on Friday Jan 7 Reuters Gold prices rose on Tuesday on a weaker U.S. dollar as traders pondered whether Presidentelect Donald Trump39;s tariff plans would be less aggressive than expected, while investors awaited U.S. […]

TOKYO, Jan 7 Reuters The U.S. dollar eased towards a oneweek low versus major peers on Tuesday as traders considered whether Presidentelect Donald Trump39;s tariffs would be less aggressive than promised. On Monday, the greenback slid against the likes of the euro and sterling following a report in the Washington Post that Trump39;s aides were exploring plans […]

Canadian dollar gains 0.7 against the greenback Touches a near threeweek high at 1.4280 Price of U.S. oil increases 1.1 Bond yields rise across a steeper curve TORONTO, Jan 6 Reuters The Canadian dollar rose to a near threeweek high against its U.S. counterpart on Monday, as investors weighed the potential for Canada39;s economy to […]

Analyst expects 3,050oz price target for gold by end of year US nonfarm payrolls report due on Friday US 10year Treasury yields at over oneweek high Jan 6 Reuters Gold prices fell on Monday as U.S. Treasury yields rose, while the Federal Reserve39;s recent hint at a slower pace of rate cuts in 2025 kept […]

Jan 6 Reuters Shares of chipmakers jumped on Monday as Microsoft39;s plan to invest 80 billion in AIenabled data centers in fiscal 2025 spurred bets that semiconductor demand would remain strong. Micron was the biggest gainer among semiconductor stocks with a 10.6 rise, while chipmaking equipment companies like Applied Materials, Lam Research and KLA Corp rose between 5.1 and […]

MUMBAI, Jan 6 Reuters The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger dollar and tepid capital flows following a slowdown in economic growth. The rupee weakened to 85.84 against the U.S. dollar, inching past […]