interest rate

The market is pricing in the possibility that the U.S. central bank will lower borrowing costs twice by the end of this year

The U.S. dollar index gained 0.28 percent to 107.74, making bullion less attractive for other currency holders

Oil prices fall 0.6 percent to $77.82 as Trump pushes for lower crude prices, higher U.S. production
West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel

Investors will look forward to Trump's speech at the World Economic Forum for more concrete announcements on tariffs

The dollar weakened to a nine-day low of 107.95 during the inauguration speech, before recovering above the 108.00 level
