Gold Prices Hit by Rising US Yields Lifting the US Dollar. Will XAU/USD Go Lower?

Gold prices moved lower in the aftermath of Fed leadership resolution that pushed Treasury yields and the US Dollar higher. Will XAU/USD weaken?

from DailyFX – Market News https://bit.ly/3cG7i83
via IFTTT

NZD/USD Volatile After RBNZ Lifts OCR Rate by 25 Basis Points. Focus Shifts to US PCE

The New Zealand Dollar gyrated versus the US Dollar after the RBNZ raised its official cash rate (OCR) by 25 basis points, meeting analysts’ expectations. Investors shift the focus to US inflation.

from DailyFX – Market News https://bit.ly/3FJEM1w
via IFTTT

AUD/USD Weakness Moderates Above Key Levels as Wall Street Rotation Continues

The Australian Dollar was largely unchanged versus the Greenback overnight as Wall Street rotated out of tech stocks. The RBNZ rate decision and commentary from RBA Assistant Governor Bullock are o…

from DailyFX – Market News https://bit.ly/3r0BYcp
via IFTTT