Gold Prices Sink as Inflation Expectations Drop and US Dollar Gains

Gold prices are on pace to suffer their largest three-day drop since late March as cooling inflation expectations undermine the metal’s store-of-value appeal.

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USD Index Forecast: Bear Flag Pattern Emerges Amid US Stimulus Talks

The US Dollar appears poised to resume its decline from the March high, carving out a Bear Flag continuation pattern just below key chart resistance.

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USD Index Forecast: Bear Flag Pattern Emerges Amid US Stimulus Talks

The US Dollar appears poised to resume its decline from the March high, carving out a Bear Flag continuation pattern just below key chart resistance.

from DailyFX – Market News https://bit.ly/2DJgqdU
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USD/CAD Rate Rebound Undermined by Crowding Behavior in US Dollar

Current market conditions may keep USD/CAD under pressure as the crowding behavior in the US Dollar persists.

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