Tokyo: The US dollar held broadly steady today, while the Japanese yen weakened after surrendering part of last week’s strong gains, as softer US inflation data reinforced expectations that the US Federal Reserve could move toward interest rate cuts l…
Month: February 2026
Dollar Steady, Yen Weakens Amid Rising Rate-Cut Expectations
Tokyo: The US dollar held broadly steady today, while the Japanese yen weakened after surrendering part of last week’s strong gains, as softer US inflation data reinforced expectations that the US Federal Reserve could move toward interest rate cuts l…
Gold Declines on Firmer Dollar
Muscat: Gold prices declined today as the US dollar strengthened, prompting investors to take profits after the precious metal recorded gains of more than 2% in the previous session. The pullback came despite softer-than-expected US inflation data, wh…