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Gold Prices at 3-1/2 Week Highs as U.S. Dollar Tumbles
Investing.com - Gold prices were hovering at three-and-a-half week highs on Friday, as concerns over the U.S. deficit took over market sentiment and sent the greenback broadly lower. Comex gold futures were up 0.44% at $1,361.1 a troy ounce by 03:00 a.m. ET (07:00 GMT), the highest since January 25.
U.S. Dollar Bull and Bear Markets
The idea of endlessly repeated cycles is a very old one. This is how the ancients perceived time: not as linear sequence of events, but as replaying patterns of dark and golden ages. Although the Judeo-Christian culture changed the way we view time, we like to see the market as an area of constant s
U.S. Bond Auction TIPS The Dollar
A dismal US 30-yearTIPS auction is weighing on dollar demand as the sagging bid to cover ratio of 2.31 is signalling dwindling investor appetite as inflationary headwinds build. The dollar is lower because no one wants to own US bonds despite the higher yield, knowing the inflationary headwinds will
Oil Set for First Weekly Gain This Month as U.S. Dollar Weakens
Oil headed for its first weekly gain this month as a weaker dollar boosted the allure of commodities priced in the U.S. currency. Futures in New York rose as much as 0.8 percent Friday after the greenback slumped to a three-year low. Crude prices are on course for a 3.9 percent gain this week, recov
U.S. Olympians Request Bitcoin to Fund Gold Medal Dreams
Questions arise about FBI's near-brush with Fla. shooting suspect PHOTO BY XIN LI-Getty Images Chris Mazdzer of the United States slides in run 3 during the Luge Men's Singles on day two of the PyeongChang 2018 Winter Olympic Games at Olympic Sliding Centre on February 11, 2018 in Pyeongchang-gun, S
U.S. skier Mikaela Shiffrin follows up gold with a 4th-place finish
PYEONGCHANG, South Korea - Frida Hansdotter held off Mikaela Shiffrin and the rest of a tightly bunched field to win the Olympic slalom title Friday at the Pyeongchang Games. In second after the first run, the Swedish skier powered through the sun-splashed course on her final run to finish in a comb
Gold for heralded U.S. skier: : One down, more to come for Shiffrin
PYEONGCHANG, South Korea - The sun was going behind the mountain, and only a handful of diehard spectators remained as workers struggled for what seemed like forever to put a makeshift podium together for Mikaela Shiffrin's latest coronation. Shiffrin doesn't do everything fast. It just seems that w
Canadian Dollar Gains Ground After Dismal U.S. Retail Sales
The Canadian dollar has paused on Thursday, after posting strong gains a day earlier. Currently, USD/CAD is trading at 1.2491, down 0.01% on the day. On the release front, Canada releases ADP Non-farm Employment Change. In the US, there are a host of indicators, highlighted by PPI and Core PPI repor
December 2017 TIC Points To Renewed U.S. Dollar Weakness
Overseas investors sold USD 119.3 billion of US assets, including short-dated instruments in December of 2017. The dollar is now in a macro bear market and trending down due to the "twin deficits" phenomena in the medium term. Monthly TIC movements show when one can sell the rallies. Over the very l
'Trump Trilemma' Leaves U.S. Dollar as Odd One Out, Says ING
U.S. financial markets are facing a "Trump Trilemma" that could leave the dollar out in the cold. Only two of three things happening in U.S. markets can co-exist for long: rising bond yields, a weaker greenback and confidence in America's economic future, ING Bank N.V. said. The dollar is the second
All Four U.S. Compound Teams Going for Gold at World Indoor Championships
YANKTON, South Dakota - Team elimination matches at World Archery Indoor Championships today saw all four U.S. compound teams earn spots in the gold medal matches. The recurve junior men also scored their way to the bronze final and picked up the first U.S. medal of the event. Ranked 1st, 2nd and 3r
Olympics Buzz: U.S. takes the Tinder Gold
Belarus' Hanna Huskova takes a warm up run ahead of the women's aerials final event during the Pyeongchang Winter Olympics on Feb. 16. (Martin Bureau / AFP/Getty Images) This is your daily infusion of information and news that you might have missed. The really big stuff you'll find in other stories.
U.S. Oil Hits One-Week High as Dollar Sags; Many Asian Markets Shut
TOKYO - U.S. crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian markets closed for the Lunar New Year holiday. NYMEX crude for March delivery was up 29 cents, or 0.5 percent, at $61.63 a barrel by 0646 GMT, after earlier touching a one-week hig
U.S. FDA looks to pave way for earlier-stage Alzheimer's drugs
(Reuters) - U.S. regulators have proposed lowering the bar for clinical trial success for experimental Alzheimer's drugs to better align with the current emphasis on the need to treat people when they are in the earliest stages of the brain-wasting disease. Medicines tested to treat Alzheimer's have
Filmed Version of Manga-Based Japanese Live Stage Production to Be Released in the U.S.
CineLife Entertainment, the newly formed Event Cinema division of Spotlight Cinema Networks, announced today THE MARCH 10, 2018, release in select theatres of the filmed version of the play "Pretty Guardian Sailor Moon: The Musical -Le Mouvement Final-." Fans can also purchase tickets now for this p
U.S., Turkey to set up "mechanisms" to ease disputes
Turkey's Foreign Minister Mevlut Cavusoglu, right, talks with U.S. Secretary of State Rex Tillerson, left, prior to their meeting in Ankara, Turkey, Feb. 16, 2018. AP ANKARA, Turkey -- Turkey's foreign minister says his nation and the United States have reached an "understanding to normalize" thei
Are Gold And Gold Miners A Good Bear Market Hedge?
Gold and ETFs like the GLD tend to rise in value when the market falls but the relationship is weak. Gold mining stocks and ETFs like GDX are positively correlated to the stock market and make a terrible hedge against market weakness. Real interest rates as measured by the yield on 5-Year TIPS have
Gold Prices Head Lower as Sentiment on Dollar Turns Positive
Reuters. Investing.com - Gold prices fell Friday but were set to clinch their biggest weekly win in nearly two years despite a rebound in the greenback from three-year lows. for April delivery on the Comex division of the New York Mercantile Exchange fell by $5.70, or 0.42%, to $1,349.70 a troy o
Gold Gains In Asia As Weak Dollar Supports Buying In Holiday-Thinned Trade
Reuters. Gold up in Asia Investing.com - Gold prices rose in Asia on Friday as a continued weaker dollar aided sentiment even in a holiday-thinned market. for April delivery on the Comex division of the New York Mercantile Exchange rose 0.10% to $1,356.70 a troy ounce. The was last quoted down 0.4
Gold has recovered smartly - NAB
Gold has recovered smartly, after falling to a recent low of around USD1240/oz in early December 2017, following the interest rate rise by the US Federal Reserve, explains the analysis team at NAB. Key Quotes "US dollar weakness and doubts around alternatives (such as crytocurrencies) are generally
Opportunity Knocks... Will Gold Bulls Answer?
Gold investors have enjoyed a strong start to 2018. After a brief pullback into early February, the shiny metal has charged higher once more.The question now: Is a major breakout on the way for gold and precious metals bulls? Looking at the chart below, you can see that a strong base has been built
The stock market has a 'funny way of testing new Fed chairs'
The net worth of America's presidents: From Washington to Trump Provided by Business Insider jerome powell trump Pablo Martinez Monsivais/APMarkets tend to test new Federal Reserve chairs not long after they take over; Jerome Powell's first drubbing came especially quickly with last week's sharp re
Bull market has years left on the upside: Strategist
JC Penney to close 8 stores in 2018. Here's where they are 01:37 Pension funds gambling on volatility 03:25 Analyst: There's transformation in Boeing's profitability 02:11 JC Penney to close 8 stores in 2018. Here's where they are 01:37 Pension funds gambling on volatility 03:25 Analyst: There
JLo Flashes Massive $186K Diamond Cartier Ring A-Rod Gave Her - Love Or Loathe?
Jennifer Lopez showed off major bling while on a romantic Valentine's Day dinner date with Alex Rodriguez. See pics of her huge diamond ring here! Jennifer Lopez, 48, proved she's no longer "Jenny From the Block" when she sported a $186,000 Cartier panther ring on Feb. 14. The stunning piece of jewe
Lindsey Vonn Has A Message For Her Trump-Supporting Twitter Trolls
American alpine skier Lindsey Vonn sent a message to the internet trolls who bombarded her with abuse after she missed out on a Winter Olympics medal on Saturday. Trolls, including some of President Donald Trump's supporters, tweeted hateful messages at the 33-year-old four-time Olympian after she p
More humiliation for Melania Trump? First Lady leaves White House alone following new infidelity allegation
Several hours after the New Yorker published a story Friday morning, reporting details of President Donald Trump's alleged affair with a Playboy playmate, First Lady Melania Trump eschewed the traditional couple's walk across the South Lawn from the White House to Marine One to fly to Mar-a-Lago, CN
Florida Shooting Suspect Reportedly Became Violently Jealous After Break-Up
According to a new report from BuzzFeed News, three students who knew Nikolas Cruz, the Florida school shooting suspect, said they reported him to the school administration for threatening them after Cruz's ex-girlfriend broke up with him and started dating someone else. It was just three days ago t
Lionel Richie Says Daughter Sofia's Relationship with Scott Disick Is 'Just a Phase'
Lionel Richie may not be dancing on the ceiling over news of that his 19-year-old daughter Sofia Richie is dating Kourtney Kardashian's 34-year-old ex Scott Disick, but he's still standing by her no matter what. The Grammy winner and American Idol host, 68, talked about his daughter's new pairing in
Jamie Foxx Walked Away in the Middle of Interview After Being Asked About Katie Holmes
Jamie Foxx might very well have a not-so-secret Valentine this year. Again. TMZreports while being interviewed by SportsCenter's Michael Smith, Jamie Foxx walked off set and back onto the basketball court. Particularly, he stopped the conversation entirely once Smith inquired about the actor's possi