Gold Price Forecast: Gold Rangebound on Rates and Inflation Tug Of War

Gold on course for first weekly drop in a month. However, range trading is likely to persist.

from DailyFX – Market News https://bit.ly/3xVdeEr
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Weekly British Pound (GBP) Forecast: Inflation in Focus Again as Weak Pound Continues to Hurt UK Consumers

The pound has fought back this week but continues to be overshadowed by a robust dollar, while upcoming economic releases should maintain current GBP/USD volatility.

from DailyFX – Market News https://bit.ly/3HuNqDn
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DAX, FTSE and DOW Struggle to Recover After a Brutal Week of Losses

Equity indices post moderate gains after a bruising week influenced by aggressive rate hikes.

from DailyFX – Market News https://bit.ly/3QqwXnD
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Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY

The Yen saw another run of weakness after the BoJ continued to say that they will 'closely watch' FX developments, with little change in messaging.

from DailyFX – Market News https://bit.ly/3QpqkSC
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Contractionary Monetary Policy: What is it and How Does it Work?

Contractionary monetary policy is utilized by central banks to reign in an overheating economy and surging inflation. Find out what tools are used and how they work

from DailyFX – Market News https://bit.ly/3Oj2Ah8
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