Gold Price Steady After US Dollar Pummelling. Will XAU/USD Rally Again?
Gold, XAU/USD, US Dollar, Jobs, Fed, Crude Oil, USD/JPY – Talking Points Gold found some support today after wilting overnight The US Dollar resumed strengthening yesterday after solid data If the markets understand the Fed correctly, will that drive XAU/USD? Recommended by Daniel McCarthy Get Your Free Gold Forecast The gold price took a beating […]
USD/JPY holds steady near multi-day high, remains below 133.00 ahead of US data
USD/JPY touches a four-day high on Thursday, though lacks any follow-through. The emergence of some buying around the USD acts as a tailwind for the major. Reports that BoJ will raise inflation forecasts benefit the JPY and caps the upside. The USD/JPY pair reverses an intraday dip to the 131.70-131.65 area and touches a four-day […]