US EditionPublished • loading... • Updated
USD/JPY Rate Check Helps Boost Gold Above US$5,000
Summary by Investing News Network
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
USD/JPY Rate Check Helps Boost Gold Above US$5,000
The US Federal Reserve's January 23 decision to help support Japan’s beleaguered yen is believed to be behind gold’s historic price rise past the US$5,000 per ounce level. The New York Federal Reserve reportedly conducted a “rate check” with currency dealers regarding the US dollar/Japanese yen exchange rate. The procedure used by central banks involves inquiring about the current market quote for an exchange rate between a specific pair of curr…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
