DailyFX - Forex Market News
This article solely discusses gold’s near-term technical outlook, analyzing market sentiment and price action dynamics. Potential scenarios that could play out over the coming days are also scrutinized.
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.
Uncertainty about the path of interest rates continues to dominate a market not short of likely positives elsewhere
The second look at US Q1 GDP showed the US economy expanding by 1.3%, inline with market expectations.
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