Gold Prices Brace for Impact, Eye Bond Yields as FOMC Minutes Loom


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Gold prices are bracing for impact as July’s FOMC meeting minutes set the tone for rate cut expectations. The response from bond yields may be trend-defining.

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Market Outlook

US
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Oil prices have spent the past two weeks recovering from a support test at a bit zone. But, with trendline resistance now in play, can sellers take control?
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EURO
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The US Dollar may rise vs the Euro if the FOMC meeting minutes cool rising rate cut bets amid growing downside risks to the global economy.
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ASIA
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Will the US Dollar see near-term losses against the Philippine Peso, Singapore Dollar and Malaysian Ringgit? Technical signals seem to point in that direction as FOMC minutes near.
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