Sage Investment Club

Wild beat on NFP pummels XAU/USD – TDS

Gold price tumbles sharply after a solid January US Nonfarm Payrolls report. A break under $1,880 would exacerbate losses, strategists at TD Securities report. Pricing for rate cuts has notably reversed weekly gains “A wild beat on NFP data is creating shocking whipsaws in recent trends. Pricing for rate cuts has notably reversed weekly gains, […]