Gold, platinum prices jittery ahead of US Fed meeting

Gold held near a three-month low as investors weighed the outlook for higher U.S. interest rates before the Federal Reserve begins a two-day meeting. Platinum extended losses to the lowest level since 2009.

Rand hits fresh 13 year low against US Dollar

South Africa’s rand fell to a new 13 year-low against the dollar early on Wednesday, extending losses triggered by a sell-off of emerging market currencies on expectations that U.S. interests rates could rise by mid-year.

Did the Fed just enter the currency wars?

The minutes from the Federal Reserve’s meeting last month have foreign-exchange traders wondering whether Janet Yellen has joined the currency wars.