Goldman Sachs just tweaked its year-end gold price target to $5,400 an ounce, up 10% from the prior $4,900 call. Moreover, that bump also implies a 9% upside from current prices, with spot gold trading around $4,957 an ounce at the time of writing (Jan. 23, 2026). The big bank argues that gold is far
As Senate Democrats took on the Department of Justice probe of Federal Reserve Chair Jerome Powell, the White House mounted another broadside against him — this time about his future tenure at the central bank. Sens. Elizabeth Warrenof Massachusetts and Dick Durbinof Illinois sent letters to two Trump officials demanding documents and records related to
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Friday. This is TheStreet’s Stock Market Today for Jan. 23, 2026. You can follow the latest updates on the market here in our daily live blog. Update: 9:38 a.m. ET Opening Bell The
The USD/JPY exchange rate pulled back after the latest macro data from Japan. It was trading at 156.25, down from this month’s high of 157.83. It has also formed the risky double-top pattern, pointing to more downside in the coming days. Weak Japanese data raises doubts for BoJ rate hikes The USD/JPY exchange rate was
The South African rand was one of the best-performing currencies this year as it jumped by over 11% against the US dollar. The USD/ZAR exchange rate was trading at 16.68, down by 16.4% from its highest point this year. It has also formed a risky technical pattern pointing to more rand gains. USD/ZAR technical analysis
The Zimbabwe ZiG continued its recent rebound and hit its highest level against the US dollar since January this year. Central bank data shows that the USD/ZWG exchange rate dropped to 25.98, down significantly from the year-to-date high of 27. Zimbabwe ZiG boosted by the gold price rally Zimbabwe’s gold-backed currency, which was launched in
The Japanese yen slipped for the second consecutive day as investors reacted to the latest Federal Reserve minutes, which shed color on what to expect in the coming meetings. The USD/JPY exchange rate was trading at 156.60, a few points below the year-to-date high of 157.83. It has jumped by 12% this year, making the
The South African rand continued its uptrend against the United States this year. The USD/ZAR exchange rate was trading at 16.45 on Monday, down by 17.50% from its highest point in 2025. So, will the rand rally continue as a fresh risk emerges? South Africa could attract more Trump ire The ongoing South African rand
The Nikkei 225 Index continued its strong rally this week, reaching its highest level on record as the “Takaichi trade” accelerated. Its surge coincided with the ongoing Japanese yen crash. It jumped to a record high of ¥54,435, up by 76% from its lowest point in April last year. Japan stocks jump as the “Takaichi
The post RBI uses FX swaps to ease liquidity strain as rupee hits record low appeared first on Invezz