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The US dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month.
Gold extended gains to a third session on Thursday, supported by rising expectations of an interest rate cut by the U.S.
The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.
The dollar languished near multi-week lows against the euro and sterling on Thursday as traders ramped up bets for the ...
Gold futures posted modest gains Wednesday on heightened expectations of a Federal Reserve interest rate cut after mild July ...
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