US Dollar Weakens After Monthly Inflation Cools, Gold Gains Momentum
US dollar eases, and gold attracts a bid as monthly Core PCE Inflation misses expectations.
US dollar eases, and gold attracts a bid as monthly Core PCE Inflation misses expectations.
Price pressures in Japan are increasing, according to inflation data released today, an encouraging sign for the Bank of Japan as they look to start normalizing policy.
This article investigates a bearish trade idea for gold, identifying an important technical support zone that, if broken, could herald a more substantial downward correction.