Gold prices have continued to fall leaving XAU/USD trading below 1750, while markets look ahead to Wednesdays FOMC minutes.
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Gold prices have continued to fall leaving XAU/USD trading below 1750, while markets look ahead to Wednesdays FOMC minutes.
from DailyFX – Market News https://bit.ly/3TNQE9u
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The US Dollar resumed ascending to start the week after Treasury yields added a few basis points and global growth woes undermined other currencies. Will the DXY index continue higher?
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Crude oil prices were crushed on Friday as the futures market entered contango. Wall Street risk aversion may set a sour tone for Asia-Pacific markets to start the week.
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The Nasdaq 100 and S&P 500 fell last week amid hawkish Fedspeak, boosting the US Dollar at the cost of gold and crude oil prices. Ahead, all eyes are on the FOMC minutes and the RBNZ for the NZD/USD amid a holiday-shortened week due to Thanksgiving in the US.
from DailyFX – Market News https://bit.ly/3gialsv
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The Dow Jones, Nasdaq 100 and S&P 500 took steps back last week as Fedspeak and retail sales underscored a hawkish central bank. Thanksgiving brings illiquidity, but what about volatility?
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