Sep 23 2024, 07:27 Gold steadied near a record, with upcoming US data expected to give clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be the first in a series of aggressive cuts. Bullion traded near $2,620 an ounce after hitting an all-time high of $2,625.77 an ounce on Friday. A batch…
Sep 23 2024, 09:57 The Japanese yen weakened past 144 per dollar in holiday-thinned trade on Monday, extending losses from last week amid concerns that the Bank of Japan is not in a hurry to raise interest rates. Last week, the yen lost over 2% as the BOJ kept its policy rate steady at 0.25%…
Sep 23 2024, 10:09 Gold touched a record high ahead of US data that’s expected to give clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be the first in a series of aggressive cuts. Bullion rose as much as 0.2% to hit $2,625.89 an ounce, beating the previous all-time high posted Friday….
