Gold Price Forecast: XAU May Fall on Rising Oil and US Dollar

Gold prices continue to languish as a strong US Dollar and rising oil prices weigh on the precious metal. The potential for further losses is on the table as prices near critical technical support.

from DailyFX – Market News https://bit.ly/3H85GSJ
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Japanese Yen Sets Sail for New Lows and the Chinese Yuan May Ebb That Way as Well

The Japanese Yen has snapped out of the range against the US Dollar, and it could put pressure on USD/CNY. Will USD/JPY break above 135 and visit 150?

from DailyFX – Market News https://bit.ly/3zsIsVM
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Australian Dollar Falls as Oil Advances Ahead of China Trade Data

The Australian Dollar fell against the US Dollar as climbing oil prices stoked inflation fears. China's trade balance for May is set to cross the wires.

from DailyFX – Market News https://bit.ly/3tqcZj8
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