The crew of the USS Ford has been notified to remain in the Middle East until May, according to a report by Golden Finance citing the New York Times. The USS Ford has been deployed in the Middle Ea...
On March 17, gold prices rose slightly today, but due to the ongoing decline in energy prices, market expectations for further interest rate cuts have weakened, resulting in a cumulative drop of over 4% this week. Soojin Kim, an analyst at Mitsubishi UFJ Financial Group, stated that although the release of emergency oil reserves helps curb price surges, the rising inflation risks have lowered market expectations for interest rate cuts by the Federal Reserve, and rising interest rates typically suppress non-yielding assets like gold. (Jin Shi)
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USD/JPY falls below 157! The yen becomes the strongest G-10 currency, with the market betting on another rate hike by the central bank next month.
On Wednesday, the yen strengthened against the US dollar, with the USD/JPY rate falling below the 157 mark, as repeated warnings from the Japanese government regarding exchange rates and end-of-quarter capital flows provided support for the yen.
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