Central Bank
The U.S. dollar rose to a one-year high while treasury yield rose to its highest since July
Markets currently await the release of the U.S. Consumer Price Index data
Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election results
U.S. dollar held near a four-month high as investors continued to gravitate towards assets that are benefiting from Trump's election
In 2023, the global market capitalization of stablecoins exceeded $130 billion
The dollar gained 0.08 percent to 105.08 on Monday after marking significant gains following the U.S. Presidential election
This marks the second reduction by the central bank this year, following the initiation of its easing cycle in August
Trump's victory fueled questions about whether the Federal Reserve may proceed to cut rates at a slower and smaller pace
U.S. dollar surged to a near four-month high in reaction to the U.S. election exit polls, making bullion less attractive for other currency holders
Despite markets largely expecting the quarter-point cut this week, gold prices may still see a reaction to the decision
Uncertainty surrounding the election and the U.S. central bank's policy decision could support gold prices this week
