Gold, Silver Outlook: Stronger USD, Yields Prompt a Pullback Ahead of FOMC
Gold and silver ease ahead the near certain rate hike from the Fed. The US dollar and treasury yields have seen a lift ahead of the meeting, weighing on the metals
Gold and silver ease ahead the near certain rate hike from the Fed. The US dollar and treasury yields have seen a lift ahead of the meeting, weighing on the metals
This week’s US dollar rebound has hit EUR/USD hard and sent the pair tumbling back towards 1.1100 and potentially lower.
AUD remains on the backfoot against the USD as markets prepare for the FOMC announcement next week, while technical analysis suggests further downside to come.
Outlook on FTSE 100, DAX 40 and S&P 500 amid mixed U.S. earnings and strong UK retail sales.
Cable caught a bounce this morning on positive retail sales numbers. Is the rebound sustainable or will we see further weakness ahead of a busy 2-week period of Central Bank meetings?
The Japanese yen was steady even as price pressures in Japan re-accelerated last month amid the growing view that inflation is peaking. What does this mean for USD/JPY, AUD/JPY, CAD/JPY, and MXN/JPY?
Wall Street started the new trading week on a positive footing, as risk appetite rose ahead of several key earnings releases this week.