Day: January 4, 2023

Gold Steadies
Gold

Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong start to the new year as concerns over a looming recession and […]

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ASIA FX
Forex

Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure on Tuesday as sentiment was dented by a warning from the […]

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