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The yen weakened past 154 per dollar as accelerated US producer inflation boosted the greenback and Fed rate hike expectations. However, rising Japanese wholesale inflation and strong manufacturing s…
Silver prices dropped to a multi-month low as higher-than-expected US producer inflation fuels expectations of Fed rate hikes. The combination of aggressive central bank tightening from the ECB and r…
Gold prices hit lows near $4,080 as hotter-than-expected US PPI data fuels expectations for further Federal Reserve rate hikes. Geopolitical tensions in the Middle East and an ECB rate hike contribut…
Rising U.S. producer prices fuel inflation fears, prompting potential Fed rate hikes and pushing Bitcoin lower, disrupting bullish expectations of a soft landing and near-term rate cuts.