Amkor considers stake sale in $1.5 bln China business, Bloomberg reports

The USD/CHF retraced on Tuesday, down 0.16%, as the US Dollar weakened amid improved risk appetite, driven by renewed hopes of a US-Israel peace deal to open the Strait of Hormuz. The pair trades below 0.8100. USD/CHF Price Forecast: Technical outlook After falling below a support trendline connecting the lows of June and mid-July, the…

Gold price (XAU/USD) plunges on Monday after remarks by Federal Reserve (Fed) Governor Christopher Waller, who revealed that if the Consumer Price Index (CPI) rises this week, the Fed should consider interest rate hikes. The XAU/USD drops nearly 3% below $4,000 as traders eye a retest of the yearly low near $3,900. XAU/USD dives as…

This year provides a good illustration of how this strategy often falls flat.

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