Market News

The US Treasury is reportedly pushing the Fed to expand its FIMA repo facility, a tool that could make future currency defense efforts easier for allied central banks.

The yen has unwound roughly half its gains from a historic joint US-Japan intervention, slipping back past 158 per dollar as underlying rate differentials reassert themselves.

UBS forecasts gold could climb toward ,000 an ounce by the first half of 2027, extending a rally driven by dollar weakness and rate-cut expectations.

The US dollar slid to a seven-week low after a weak July jobs report, sending gold and silver sharply higher as traders priced in a more dovish Fed.