Gold Price Forecast: US GDP Data in Focus as XAU Traders Eye Powell

Gold prices, along with the broader market, are keenly focused on Federal Reserve Chair Jerome Powell’s speech on Friday. Until then, an update to US GDP data may move XAU.

from DailyFX – Market News https://bit.ly/3wvXEPv
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Euro Outlook Remains Murky as Gas Prices Soar and Fed Hikes Loom. Can EUR/USD Recover?

The Euro is struggling as the energy crisis evolves and a US Dollar that is gaining traction as the Fed gear up for their Jackson Hole symposium. Is a bear market intact for EUR?

from DailyFX – Market News https://bit.ly/3AMVmhE
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Crude Oil Price to Stage Larger Recovery on Break of August Opening Range

The price of oil may stage a larger recovery over the coming days if it manages to clear the opening range for August.

from DailyFX – Market News https://bit.ly/3pIovE9
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NZD/USD Unfazed After Kiwi Retail Sales Ahead of Jackson Hole

Markets are quiet ahead of Jackson Hole, with US stocks seeing small gains overnight. NZD/USD was uninspired by second-quarter retail sales data for the island nation.

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