Rising US Treasury yields are keeping the lid on the precious metal as Fed chair Jerome Powell prepares to announce the US central bank’s latest monetary policy decision.
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Rising US Treasury yields are keeping the lid on the precious metal as Fed chair Jerome Powell prepares to announce the US central bank’s latest monetary policy decision.
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GBP/USD slipped after UK CPI did not do enough to suggest UK inflation is slowing at a quick enough pace ahead of the BoE rate decision tomorrow.
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The US dollar continues to march higher ahead of the US Federal Reserve meeting. Will the greenback correct lower or strengthen further post the FOMC meeting?
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US indices have settled in a range recently. Does it mean the uptrend has ended? What is the outlook and the key levels to watch in the S&P 500, the Nasdaq 100 index, and the Dow Jones Industrial Average?
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Further de-risking took hold of Wall Street, as the usual caution persisted ahead of the FOMC meeting. Treasury yields resumed their ascent to retest their multi-year highs.
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