Dollar Gains, Gold Drops: Market Update
Update: 2026-01-02
Description
The dollar index surged on Friday, bolstered by a weak euro and yen, both reaching one and a half week lows. Higher Treasury yields enhanced the dollars allure, despite stock market gains limiting significant movements. The euro dollar plummeted to a one and a half week low due to the dollars strength and disappointing Eurozone data. The dollar yen pair edged up as the yen weakened, with Japanese markets closed for New Years Day. Gold and silver prices fell amid a stronger dollar and rising bond yields, but safe haven buying and central bank demand provided support. Checkout Solipillow.com
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