U.S.-Iran tensions, firmer dollar push gold to one-week low

Gold prices fell Monday as the dollar firmed, while news that the Strait of Hormuz closed again pushed oil prices higher and revived inflation fears.

Inflation surges to highest level in nearly 2 years as energy costs spike

Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.

Dollar Reasserts Itself As Global Tensions Shift Currency Markets

The dollar gained over 2.5% against major currencies following geopolitical disruption in late February. Read more here.

Dollar Falls as Core Inflation Stays Subdued

The dollar’s losses deepened slightly after data showed U.S. core inflation rose less than forecast in March.

Purchasing Power Explained: How Inflation Impacts Value

Learn about purchasing power, its effect on currency value, and how inflation influences what one unit of money can buy. Understand its significance for investors.

Canadian dollar hits five-week high as Mideast hopes offset CPI data

By Fergal Smith TORONTO, April 20 (Reuters) - The Canadian dollar strengthened to a five-week high against its U.S. counterpart on Monday as investors remained hopeful of a diplomatic solution to the war in the Middle East and despite domestic data that showed inflation heating up less than expected.