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Swedish Inflation Surprise Spurs Bets on Rate Cut Next Month

Swedish Inflation Surprise Spurs Bets on Rate Cut Next Month
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

Sweden s Riksbank Is Poised to Pivot Toward Rate Cuts

Sweden s Riksbank Is Poised to Pivot Toward Rate Cuts
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

02/01 XAU/USD Analysis Today: Overall Trend Still Bullish

Expectations of US Fed rate cuts in 2024 push gold to record highs, with XAU/USD hitting $2,140/oz before stabilizing around $2,076/oz, amid a bearish USD.

US dollar is set for worst year since 2020

After being whipsawed by false starts calling for the end of the Fed’s rate hiking regime, a Bloomberg gauge of the greenback is down nearly 3% since January in the steepest annual drop for the US currency since 2020.

US dollar set for worst year since 2020

The Singapore dollar has strengthened some 1.5 per cent against the US currency in 2023. Read more at straitstimes.com.

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