Tag
U.S. Dollar
3 articles
Gold's $300 Surge Driven by CTA Short Squeeze — Next Test at $4,400
Trend-following funds flipped from short to long after gold broke key technical levels, forcing speculative capital to chase higher or risk being left behind.
Retail Sales Miss Cuts Fed Hike Odds to 31 Percent, Lifting Gold to $4,386
July's 0.6 percent retail sales decline and soft inflation data cut September rate-hike probability nearly in half in a week, pushing bullion to a two-week high.
Dollar Overvaluation Signals Long-Term Correction Risk, Expert Warns
Harvard Professor Kenneth Rogoff warns the U.S. dollar's elevated valuations signal significant long-term correction risks amid complex global conditions