The U.S. dollar exhibited strength against most of its major counterparts on Thursday amid hopes the U.S. economy will see a much stronger than expected recovery.
Data from the Commerce Department showed that real gross domestic product surged up by 4.3% in the fourth quarter compared to the previously reported [...]
Crude oil prices drifted lower on Thursday weighed down by worries about outlook for energy demand due to extension of lockdown measures in several countries.
Traders largely shrugged off the Suez Canal disruptions and signs of stronger gasoline demand in the U.S. At least 150 vessels were said to be waiting [...]
After trending higher over the past few sessions, treasuries showed a lack of direction over the course of the trading day on Thursday.
Bond prices spent much of the trading day lingering near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, ended [...]
Gold futures settled lower on Thursday, weighed down by a stronger dollar and higher U.S. Treasury yields.
Treasury yields climbed after Fed Chair Jerome Powell told the Senate Committee on Banking, Housing and Urban Affairs on Wednesday that 2021 was "going to be a very, very strong year in the most [...]