Gold Price Wallows Despite Soft US Dollar and Buoyant Risk Appetite. Will XAU/USD Rally?
The gold price has barely bounced from last week’s low despite broad US Dollar weakness permeating markets as risk sentiment turned rosy. Where to for XAU/USD?
The gold price has barely bounced from last week’s low despite broad US Dollar weakness permeating markets as risk sentiment turned rosy. Where to for XAU/USD?
Markets are discounting a 75-bps rate hike from the Fed this week. Is that enough for the US Dollar?
The Nasdaq 100 outperformed as the US Dollar fell and gold prices gained. Markets are looking forward to a 2023 Fed pivot, but will the central bank disappoint those expectations in the week ahead?…
Markets are discounting a 75-bps rate hike from the Fed this week. Is that enough for the US Dollar?
Bear market rally running out of steam as US data slows. Fed expected to hike another 75bps.
WTI prices have declined rather significantly as recession concerns build despite supply remaining extremely tight. Next week’s Fed rate hike could add to that
USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity.