Gold Price Steadies on US Dollar Weakness Ahead of US CPI. Where to for XAU/USD?

Gold has meandered higher in a period of US Dollar weakness as the market assesses the prospects for forward-looking inflation expectations ahead of US CPI. Higher XAU/USD?

from DailyFX – Market News https://bit.ly/3DFSl2M
via IFTTT

USD/JPY Biased to Downside as Japan FX Reserves Remain Plentiful

The Japanese Yen looks poised for additional strength against the US Dollar after intervention measures leave Japan’s foreign reserve deposits around $941 billion.

from DailyFX – Market News https://bit.ly/3tbWVB0
via IFTTT

S&P 500 Climbs Ahead of US Midterm Elections, Inflation Data. What to Expect?

The S&P 500 gains at the start of the week ahead of high-impact events in the coming sessions, such as the U.S. midterm elections on Tuesday and the October U.S. inflation report on Thursday.

from DailyFX – Market News https://bit.ly/3zTVZFk
via IFTTT