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Gold prices inched lower on Friday as the dollar rebounded after robust U.S. manufacturing data, although bullion was still on track to register a third straight weekly gain. Spot gold eased 0.1% to $1,876.42 per ounce by 1:43 p.m. EDT (1743 GMT) but prices were headed for a 1.9% weekly gain, helped by subdued U.S.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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The Swiss National Bank (SNB) Chairman Thomas Jordan made some comments on the monetary policy outlook and exchange rate value, in an interview with Swiss daily Neue Zuercher Zeitung on Saturday. Key quotes “The franc remains highly valued.” “Inflation is only slightly above zero.” “Productive capacities are not fully utilized in Switzerland.” “Against this background,
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