Gold Price Rebound Vulnerable to Slowdown in US Consumer Prices
The update to the US Consumer Price Index (CPI) may rattle the recent rebound in the price of gold as inflation is expected to slow for the first time since August.
The update to the US Consumer Price Index (CPI) may rattle the recent rebound in the price of gold as inflation is expected to slow for the first time since August.
The US Dollar may remain on the offensive with Fed balance sheet tightening just around the corner. Ahead, all eyes are on US CPI and a slew of Fedspeak amid jittery markets.
The Australian Dollar got an initial kick from an RBA rate lift-off, but the Fed outdid them and the US Dollar soared. Will AUD/USD make new lows?