Dollar Perks Up as Trump-Kim Summit Begins

The dollar edged up to a three-week high on Tuesday as investors hope to see a positive outcome from the highly-anticipated U.S.-North Korea summit that could potentially ease tensions on the Korean Peninsula. U.S. President Donald Trump started a historic meeting with North Korean leader Kim Jong Un in Singapore Read more

Dollar Falls; Aussie Bullish on Upbeat GDP    

The dollar fell below the 94 level in morning trade on Wednesday, while the Aussie got a lift from upbeat growth data that beat expectation. The U.S. dollar index, which tracks the greenback against a basket of six major currencies, lost 0.04% to 93.81 at 10:55PM ET (02:55 GMT), a slide from 94.27 overnight. The AUD/USD pair gained 0.47% to Read more

Gold Prices Mixed On Softer Dollar

 Gold prices were mixed on Thursday amid a softer U.S. dollar and rising bond yields. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were up $1.70, or 0.13%, to $1,303.20 a troy ounce by 11:55PM ET (03:55 GMT). Gold prices have continued to oscillate Read more

Dollar and Yen Rally On Risk Aversion

The dollar maintained its momentum, continuing to rally against major currencies in morning trade in Asia Wednesday even as both the Japanese yen and Korean won also gained ground. The U.S. dollar index climbed to a fresh high of 94.93 overnight. The index that tracks the greenback against a basket of six Read more

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