This Friday, the greenback is showing stronger and yields are weighing on gold while U.S. employment data is expected. Faced with this inexorable rise of the dollar, the pound is falling further.

The US dollar and Treasury yields have recovered following a hawkish stance by the US Federal Reserve. The dollar was heading for a fifth week that was a winner over its main counterparts.

The euro recovered 0.16% to 1.0558 dollars but without managing to move permanently from its lowest in five years reached at the end of April at 1.0472 dollars. The yen, which had fallen to a two-decade low a week ago at 131.25 yen, fell 0.19% to 130.44 yen.

To 09:15 GMT (11:15 CET), the pound lost 0.22% to $1.2335 per pound, after falling to $1.2276, the lowest since mid-2020. Against the euro, the pound fell 0.37% to 85.60 pence to the euro, after reaching 85.66 pence, the lowest since the end of 2021.

However, gold prices have fallen slightly. Spot gold fell 0.1% to $1,875.66 an ounce, at 0307 GMT, while U.S. gold futures were flat at $1,875.40. The bullion has fallen about 1% so far this week.

In other metals, cash silver slipped 0.5% to $22.38 an ounce and was on track for a third consecutive weekly decline. Platinum slipped 2.7% to $953.90 and palladium 0.6% to $2,174.95.

Currency : Pound falls, dollar stronger

This Friday, the greenback is showing stronger and yields are weighing on gold while U.S. employment data is expected. Faced with this inexorable rise of the dollar, the pound is falling further.

The US dollar and Treasury yields have recovered following a hawkish stance by the US Federal Reserve. The dollar was heading for a fifth week that was a winner over its main counterparts.

The euro recovered 0.16% to 1.0558 dollars but without managing to move permanently from its lowest in five years reached at the end of April at 1.0472 dollars. The yen, which had fallen to a two-decade low a week ago at 131.25 yen, fell 0.19% to 130.44 yen.

To 09:15 GMT (11:15 CET), the pound lost 0.22% to $1.2335 per pound, after falling to $1.2276, the lowest since mid-2020. Against the euro, the pound fell 0.37% to 85.60 pence to the euro, after reaching 85.66 pence, the lowest since the end of 2021.

However, gold prices have fallen slightly. Spot gold fell 0.1% to $1,875.66 an ounce, at 0307 GMT, while U.S. gold futures were flat at $1,875.40. The bullion has fallen about 1% so far this week.

In other metals, cash silver slipped 0.5% to $22.38 an ounce and was on track for a third consecutive weekly decline. Platinum slipped 2.7% to $953.90 and palladium 0.6% to $2,174.95.