Fed ‘rate check’ triggered a freefall in the U.S. dollar and investors fled into gold

Business

Fed ‘Rate Check’ Triggered A Freefall In The U.s. Dollar And Investors Fled Into Gold

By Fortune

The Nikkei 225 stock index fell 1.79% this morning. That’s a sign that traders feared equities exposed to Japan’s export trade would be hurt by a rising yen. The price of gold surged to a new record, over $5,000 per troy ounce. That has added to the ...Read more