Gold Prices Retreat as Yields Rise, US Inflation and Powell Speech in Focus

Gold prices fell as the US Dollar and Treasury yields gained. The emerging Delta variant and China’s RRR cut hinted at slowing growth momentum and the need for further stimulus.

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US Dollar Outlook: Delta Covid Cases Inducing Risk Aversion. THB, PHP, IDR Wobble

The US Dollar may extend gains against ASEAN currencies like the Thai Baht, Philippine Peso and Indonesian Rupiah amid surging Covid cases amid the Delta variant. US CPI is also eyed.

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Gold Prices Retreat as Yields Rise, US Inflation and Powell Speech in Focus

Gold prices fell as the US Dollar and Treasury yields gained. The emerging Delta variant and China’s RRR cut hinted at slowing growth momentum and the need for further stimulus.

from DailyFX – Market News https://bit.ly/3e60vFu
via IFTTT

US Dollar Outlook: Delta Covid Cases Inducing Risk Aversion. THB, PHP, IDR Wobble

The US Dollar may extend gains against ASEAN currencies like the Thai Baht, Philippine Peso and Indonesian Rupiah amid surging Covid cases amid the Delta variant. US CPI is also eyed.

from DailyFX – Market News https://bit.ly/2T42ymh
via IFTTT