Latest News
Click Here to read Irish News
Click Here to read Forex News
Click Here to read Market News
-
FOREX-Dollar steadies; euro hurt by vaccine delays and German business morale slump
Published at 25/01/2021 at 12:27 -
FOREX-Dollar index resumes its decline as global markets turn hopeful again
Published at 25/01/2021 at 08:51 -
FOREX-Dollar pauses its decline on fresh virus worries
Published at 25/01/2021 at 04:13 -
FOREX-Dollar firm as economic, pandemic gloom damp risk appetite
Published at 25/01/2021 at 01:30 -
FOREX-Dollar gains after three-day fall as risk rally takes a breather
Published at 22/01/2021 at 20:38 -
FOREX-Dollar edges up after 3-day losing streak as risk rally pauses
Published at 22/01/2021 at 16:17 -
FOREX-Dollar inches up after three-day losing streak; risk currencies fall
Published at 22/01/2021 at 12:44 -
FOREX-Dollar stabilises after three-day decline; PMIs in focus
Published at 22/01/2021 at 09:03 -
FOREX-Dollar nurses weekly loss as bounce fades
Published at 22/01/2021 at 06:09 -
FOREX-Dollar's bounce fades as risk appetite rises
Published at 22/01/2021 at 01:45
-
PRECIOUS-Gold pares gains as the dollar edges higher
Published at 25/01/2021 at 16:15 -
Oil prices steady as lockdowns curb U.S. stimulus optimism
Published at 25/01/2021 at 15:31 -
PRECIOUS-Gold firms as dollar, yields ease; Biden stimulus plan in focus
Published at 25/01/2021 at 12:26 -
PRECIOUS-Gold eases on doubts over U.S. stimulus passage
Published at 25/01/2021 at 08:40 -
Oil prices fall for 2nd session as COVID-19 lockdown concerns cast pall over demand prospects
Published at 25/01/2021 at 02:31 -
PRECIOUS-Gold rises as U.S. stimulus hopes bolster appeal
Published at 25/01/2021 at 01:05 -
Oil falls on China's COVID-19 cases, high crude build
Published at 22/01/2021 at 22:44 -
PRECIOUS-Gold falls more than 1% on firm dollar but on course for weekly gain
Published at 22/01/2021 at 19:10 -
REFILE-UPDATE 6-Oil falls as China COVID-19 cases trigger clampdowns
Published at 22/01/2021 at 16:43 -
PRECIOUS-Gold slips as dollar firms but still set for first weekly gain in three
Published at 22/01/2021 at 13:12
PRECIOUS-Gold inches higher as dollar, Treasury yields pull back
Jan 13 (Reuters) - Gold prices edged up on Wednesday as a recent rally in the U.S. dollar and Treasury yields hit a pause, while rising coronavirus cases worldwide also boosted appeal for the safe-haven metal.
FUNDAMENTALS
* Spot gold rose 0.1% to $1,856.86 per ounce by 0052 GMT, while U.S. gold futures gained 0.8% to $1,858.10.
* Benchmark 10-year Treasury yields pulled back from 10-month highs, dragging the dollar lower and making gold cheaper for other unit holders.
* Global coronavirus infections rose to more than 91 million, with several Asian and European countries enforcing stricter restrictions to curb the spread of the virus.
* The Donald Trump administration said on Tuesday it is releasing millions of COVID-19 vaccine doses it had been holding back for second shots and urged states to offer them to all Americans over age 65 or with chronic health conditions.
* The U.S. House of Representatives plans to vote as soon as Wednesday on an article of impeachment charging President Trump with inciting insurrection after his supporters stormed the Capitol.
* U.S. job openings fell moderately in November, but mounting layoffs amid rampant COVID-19 infections supported views that the labor market recovery from the pandemic was stalling.
* The U.S. economy could see a strong rebound in the second half of this year as vaccinations become widely available, but the virus is still driving the economy and monetary policy will remain accommodative, Boston Federal Reserve Bank President Eric Rosengren said Tuesday.
* Silver was steady at $25.57 an ounce. Platinum
rose 0.3% to $1,078.80, while palladium eased 0.4% to $2,382.44.
DATA/EVENTS (GMT) 0900 ECB President Christine Lagarde speaks at Reuters Next summit 1330 US CPI MM, SA Dec 1900 US Federal Reserve issues the Beige Book
(Reporting by Sumita Layek in Bengaluru; Editing by Ramakrishnan M.)
((Sumita.Layek@thomsonreuters.com; Within U.S. +1 646 223 8780, Outside U.S. +91 8061822693; Reuters Messaging: Sumita.Layek.thomsonreuters.com@reuters.net))