S&P 500 flat in afternoon U.S. trading * U.S. dollar up against the yen, at 38-year high * Investors on alert for yen intervention By Caroline Valetkevitch NEW YORK, – The dollar hit a fresh 38-year high against the yen on Wednesday, with investor speculation high that authorities in Japan […]
U.S. dollar
Gold prices surged by over 1%, buoyed by a weakening U.S. dollar following subdued U.S. jobs data, on Monday. This prompted speculation of potential interest rate cuts by the Federal Reserve in the coming months. Spot gold experienced a rise of 0.8%, reaching $2,320.95 per ounce by 1503 GMT. Additionally, […]