EUR/USD is heading towards a week full of important data releases and events, from both sides of the pair, that will whip up volatility further.

Gold prices rallied this past week, but markets might be getting ahead of themselves. A hawkish Federal Reserve, US GDP and PCE data could weigh against XAU/USD in the week ahead.

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A strong close last week sets up AUD/USD for the upcoming data heavy week with focus on the Fed.