The US dollar is on track for a modest weekly gain as investors balance the Federal Reserve’s hawkish tone with persistent concerns about the US economy.
The dollar began a five-day winning streak last week after Fed Chair Jerome Powell acknowledged the “risks” of further ...
Gold prices rose in European trading on Friday, climbing back above the $4,000-per-ounce mark as the US dollar weakened against a basket of major currencies.
Recent US economic data revealed further signs of softness in the labor market, strengthening expectations that the Federal Reserve ...