Gold and Crude Oil Prices Watching the US Dollar as the Weekend Nears

Gold and crude oil prices may be at risk as the US Dollar trades higher into the weekend. Ahead, WTI is eyeing a delayed EIA inventory report as XAU/USD watches out for key PMI data.

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S&P 500 Hovers at Record High, Hang Seng and Nikkei 225 Eye Pullback

Asia-Pacific equities opened slightly lower despite Wall Street stocks hovering near their record highs. The Hang Seng Index faces a chart resistance at 30,000 as southbound inflow fell for a third…

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New Zealand Dollar Outlook: Kiwi Aided as CPI Tempers RBNZ Rate Cut Bets

Friday’s Asia-Pacific trading session may see the risk-on mood sour following a lull in Wall Street optimism. The New Zealand Dollar is on the move higher as improved inflation data tempers further…

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US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets

Accommodative monetary policy conditions and the prospect of additional deficit spending under a Biden administration may continue to undermine the US Dollar in the coming weeks.

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Gold and Crude Oil Prices Watching the US Dollar as the Weekend Nears

Gold and crude oil prices may be at risk as the US Dollar trades higher into the weekend. Ahead, WTI is eyeing a delayed EIA inventory report as XAU/USD watches out for key PMI data.

from DailyFX – Market News https://bit.ly/3o8U1rA
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