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Gold Price Dented by US Dollar Rally with Higher Yields as Debt Ceiling Woes Recede
Gold Price Dented by US Dollar Rally with Higher Yields as Debt Ceiling Woes Recede
2023-05-29 02:00:00
The gold price outlook appears to be tangled with the fortunes of the US Dollar as it continues to attract attention on rising Treasury yields and a possible debt ceiling resolution.
Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Debt Ceiling, NFPs, AI Frenzy
Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Debt Ceiling, NFPs, AI Frenzy
2023-05-28 16:00:00
An AI-fueled frenzy drove the Nasdaq Composite higher as the Dow Jones sank. In the background, solid economic data is feeling Fed rate hikes again, sinking gold and boosting the US Dollar. What is in store for markets ahead?
Euro Weekly Forecast: EUR/USD Recovery Hinges on Debt Ceiling Deal
Euro Weekly Forecast: EUR/USD Recovery Hinges on Debt Ceiling Deal
2023-05-27 08:00:44
A big week ahead in terms of event risk as Euro eyes a recovery. Euro Area inflation likely to be overshadowed by a potential deal on the debt ceiling. Time for a EUR/USD retracement?
British Pound Week Ahead: UK Rates and US Data Will Drive GBP/USD
2023-05-26 16:00:14
The UK government bond market (gilts) is having a torrid time post-inflation data with yields jumping as markets price-in a fresh round of BoE rate hikes.
EUR/USD Inches Up Despite Stronger US PCE Inflation Numbers
2023-05-26 14:30:26
The Euro made some gains in European trading on Friday, but remains set for another week of losses against the US Dollar.
US Dollar Perks Up While Gold Turns Lower Following Strong Core PCE Data
2023-05-26 12:50:00
Gold prices turned lower and retraced session gains after U.S. PCE data showed that consumer spending and inflation grew more than expected in April, a sign that the Fed may be reluctant to hit the pause button.
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