At Gold Silver Reports, we deliver timely currencies news and forex updates covering USD, INR, EUR, GBP, and global forex markets. Our expert insights and daily analysis help traders and investors track price trends, exchange rates, and market movements effectively.
Gold Silver Reports – US Dollar Retakes 90.00 and Above on US Data, Kiss 2-week tops — The greenback, in terms of the US Dollar Index (DXY), has regained the psychological handle at 90.00 the figure following Powell’s testimony and US data.
Read More: US Dollar Index Ready to Big Big Move Above 90.46 Target 92 and More
If This happen Big Big Impact on Bullion (Gold, Silver) and energy (Crude Oil, Natural Gas)
The USD rebounded against on Tuesday with North American markets coming out of a long weekend. The correlation between rising US bond yields and currency strength had broken down this year, but it now back on track with the 10 year Treasury note hitting a 10 year high driven by higher inflation expectations. The Fed has been divided internally on how to proceed in a slow inflation environment, but if prices suddenly accelerate there will not be need for debate with a higher pace of interest rate moves expected from the central bank.
Gold Silver Reports – Rupee Hits Two-Month Low Against US Dollar, Bond yields at Two-Year High — The Indian rupee on Tuesday hit a two-month low against the US dollar as foreign investors continued to liquidate their positions in local equity markets.
Gold Silver Reports – Goldman Sachs Group Reiterates “€64.00” Price Target for Danone – Neal Bhai Reports — Goldman Sachs Group set a €64.00 ($79.01) target price on Danone (EPA:BN) in a research report released on Tuesday, January 23rd. The firm currently has a sell rating on the stock.
Gold Silver Reports — Bitcoin Is the New Gold — I hate to say I told you so, but … well, I told you so. Bitcoin, 1 while still a popular financial asset, is looking less and less like a currency. Online payments company Stripe is ending Bitcoin support. It cites several reasons for doing so:
Gold Silver Reports – Investors Need Trump to Leave the Dollar Alone — Donald Trump Jr. said recently that the only color his father sees is green. But dollar traders have seen mostly red since President Trump took office.