Category Archives: Trading Donkey Blog

Gold tumbles as investors watch Washington dysfunction

Gold futures are tumbling amid concerns about dysfunction in Washington and the government shutdown, while stocks and bonds seem to be largely ignoring it. The dollar also fell, touching an eight-month low as buyers moved into euros and other currencies. Stocks were higher and bond prices were lower, with Treasury yields edging slightly higher. Gold futures fell...
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Dollar bounces from 8-month low as U.S. data offsets government shutdown

(Reuters) - The dollar edged lower but rebounded from its lowest level in nearly eight months against a basket of currencies on Tuesday as data showing economic resilience assuaged fears about a historic U.S. government shutdown. The greenback sharply pared losses in mid-morning New York trade after an industry report showed the U.S. manufacturing sector last...
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