Category forex

Sovereign Funds Boost Gold Holdings

One-third of sovereign funds plan to increase gold holdings Central banks and sovereign wealth funds are planning to add gold to their portfolios, driven by concerns over the US dollar's reserve status. The move is attributed to the tripling of central banks citing

Japan Releases Data Amid Weak Yen

Japan releases data as yen remains weak Data from Japan is due for release today, but it is not likely to significantly impact the yen. The yen has been weak lately, and the new data may not be enough to change its trajectory. Earlier comments from ECB Exec