Europe trades in the green, with the exception of Paris. Oil and gold advance. Dollar falls. Interest Easy – Markets in a Minute

Europe trades in the green, with the exception of Paris.  Oil and gold advance.  Dollar falls.  Interest Easy - Markets in a Minute

On a public holiday in the United States, the dollar loses and gold records gains.

Gold is negotiating with gains, falling more than 5% after last week as several monetary authorities increase credit costs to tame inflation.

Nevertheless, volatility in other markets favors the excellence of the secured asset. The yellow metal rose 0.03% to $1,839.97 an ounce, palladium by 1.72% and platinum up 0.72%.

“Today is a public holiday in the US, which means liquidity – and volatility – should also be low, making gold’s move difficult without a new catalyst,” Matt Simpson, an analyst at Citi Index, told CNBC.

The dollar is helping, as it explains 0.22% of the Euro, which is earning profit despite the loss of an absolute majority of Macron.

With respect to the Japanese yen, both the dollar (0.47%) and the euro (0.23%) are recording losses. This is at a time when The Japanese central bank has kept short-term interest rates at -0.1% and the 10-year sovereign bond yield target near zero.
The Bloomberg dollar index – which measures the strength of “green cash” against 10 rival currencies – fell 0.24% to 104.4440 points, at a time when the Fed’s aggressive monetary policy message “couldn’t be clearer”, Rodrigo Catril said. Says, an analyst with the Australian Central Bank, to CNBC.

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