Gold Price Hangs Tough as US Dollar Dominates Proceedings. Where to for XAU/USD?
Gold, XAU/USD, US Dollar, Fed, DXY Index, Powell, Treasury Yields – Talking Points The gold price is steady today as markets take on board Powell’s comments The US Dollar has been grinding the gears of other currencies, but not gold If volatility is to ratchet higher, will it provide direction for XAU/USD? Recommended by Daniel […]
Preview of the Fed Meeting: Finding a Balance is a Tough Task
Last year the Fed pursued the most aggressive monetary policy in many years, but in December 2022, officials began laying the groundwork for reducing the pace of tightening to standard 25 bp hike. There are signs that the US expansion is losing momentum while risks of sharper inflation easing gradually build up which contribute to […]
Things set to remain tough for the Dollar – Commerzbank
The US Dollar struggles to stay resilient ahead of the US Gross Domestic Product (GDP) data. The greenback could remain under pressure on signals of a cooling of the US economy, economists at Commerzbank report. Positive review, shaky outlook “A rate hike by ‘only’ 25 bps at the next Fed meeting is now increasingly likely […]
Euro (EUR/USD) Latest – The Bullish Trend Remains in Place as the ECB Talks Tough
EUR/USD Price, Chart, and Analysis ECB ramps up the hawkish rhetoric. EUR/USD benefits from ongoing US dollar weakness. Recommended by Nick Cawley Get Your Free EUR Forecast The European Central Bank is not for turning and will continue to raise interest rates, and keep them there for long enough, ‘so that we can return inflation […]