Brent crude oil prices look for directional bias from the upcoming OPEC+ meeting with the cartel grappling with many moving parts.

from DailyFX – Market News https://bit.ly/43l2rln
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The outlook for gold is starting to become more bearish from a fundamental standpoint, as the resilience of the U.S. economy could induce the Federal Reserve to continue raising rates later this year.

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A rather disappointing week on the whole as EURUSD in particular struggles for direction while the Euro lost further ground to both the GBP and JPY. Given the lack of catalysts ahead, is there any reason to expect the Euro to arrest its slump?

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The British Pound has enjoyed a strong week against a range of currencies, propped up by expectations that UK interest rates are going to have to go even higher.

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Gold prices fell on Friday, weighed by rising U.S. Treasury yields as strong U.S. labor market data bolstered the case for higher-for-longer interest rates.

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