Gold has found some support to buck the down trend with the US Dollar and yields sliding from their recent peaks. If USD ticks up again, will XAU/USD be undermined?
The Australia Dollar traded higher last week as global sentiment improved. AUD/USD faces another buys week ahead, with Australian Q2 inflation data due out. Traders are also watching newswires out…
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…
US Dollar snapped a three-week winning streak with DXY reversing more than 1.5% off technical resistance. Key levels on the weekly technical chart heading into FOMC.
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.