Gold Price Fails to Cash-in on US Dollar Slide Post CPI as Fed Speakers Hit the Wires

The gold price was left behind in a US Dollar rout that saw increasing risk appetite take equities, commercial commodities and associated currencies higher. Where to for XAU/USD?

from DailyFX – Market News https://bit.ly/3bJJUJM
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Natural Gas Prices May Rise as European River Woes Threaten Energy Supply

Natural gas prices look poised to rise further if water levels in Europe’s Rhine river continue to drop. That would likely threaten Europe’s rush to store natural gas ahead of the winter.

from DailyFX – Market News https://bit.ly/3QjzUWA
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Japanese Yen Soars on Soft US CPI and US Dollar Pummelling. Where to for USD/JPY?

The Japanese Yen has strengthened against the US Dollar and all major currencies as markets digest the fallout from US CPI overnight. Will USD/JPY continue lower?

from DailyFX – Market News https://bit.ly/3SF7qs1
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NZD/USD Surges Ahead of Chinese Lending Data as USD Falls Amid Risk Taking

The New Zealand Dollar surged overnight after a US CPI miss sent traders rushing into risk assets, dragging the USD lower against its major peers. APAC traders are awaiting China’s July Yuan loans …

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