Gold is attempting a third weekly rally with XAU/USD testing resistance ahead of FOMC tomorrow. These are the levels that matter on the weekly technical chart.
Gold has been trading sideways this week with very little reason to breakout, one way or the other. Wednesday’s FOMC meeting may be the last chance to spark a move…
GBP/USD and EUR/GBP continue to fluctuate wildly, awaiting any news of an EU-UK trade deal before the Brexit implementation period draws to a close at 2300 GMT on December 31.
EUR/JPY and EUR/USD rates may continue to push higher in the near term despite the notable tightening of coronavirus restrictions in several European nations.
Crude oil prices are hovering at a 9-month high despite OPEC+ warning about a slower recovery in energy demand. A weaker US Dollar, the vaccine rollout and stimulus hopes buoyed…