US Dollar Firms Despite Recession Chat from Fed Chair Powell. Will USD Go Higher?

The US Dollar rose despite Federal Reserve Chair Powell seeing the possibility of a US recession due to rate hikes. If he mentions recession again, will it impact USD?

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Gold Price Forecast: XAU Coils as Inflation and Recession Odds Conflict

Gold prices have seen little movement this week as markets weigh commentary from the Federal Reserve Chair as inflation and recession odds conflict against gold's fundamental backdrop.

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EUR/USD on Cusp of Pushing Above 50-Day SMA Following Fed Testimony

A move above the 50-Day SMA (1.0607) may lead to a further advance in EUR/USD as the testimony from Fed Chairman Powell does little to curb the advance from the monthly low (1.0359).

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