Yellen hearing comes to watch out for gold fluctuations

Publicado: Jan 19, 2021 16:45
Fuente: Sina
[Yellen hearing to guard against gold fluctuations] former Federal Reserve Chairman Yellen will attend the Treasury Secretary nomination hearing at 23:00 this evening. Market news said that Yellen will make it clear that the United States will not seek a weak dollar. And it is time to take "significant" action for recovery in a low interest rate environment; the market focuses on Yellen's language on the dollar exchange rate and economic stimulus, which may trigger gold volatility.

Former Federal Reserve Chairman Yellen will attend the Treasury Secretary nomination hearing at 23:00 this evening. Market news said that Yellen will make it clear that the United States will not seek a weak dollar and that it is time to take "significant" action for recovery in a low interest rate environment. The market focused on Yellen's language on the dollar exchange rate and economic stimulus, which could trigger a gold turmoil.

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Yellen hearing comes to watch out for gold fluctuations - Shanghai Metals Market (SMM)