Gold moved modestly higher on Friday after a sharp decline in the previous session, but the recovery offered little evidence that investors had resolved the central contradiction surrounding precious metals. Geopolitical tension remains elevated, oil is trading close to $100 a barrel and financial ...
The euro and British pound attempted to recover against the US dollar on Friday, yet the modest improvement in both currencies concealed a much more complicated shift taking place across European foreign-exchange markets. Investors are no longer deciding whether the European Central Bank and Bank ...