Gold and silver ease ahead the near certain rate hike from the Fed. The US dollar and treasury yields have seen a lift ahead of the meeting, weighing on the metals
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Gold and silver ease ahead the near certain rate hike from the Fed. The US dollar and treasury yields have seen a lift ahead of the meeting, weighing on the metals
from DailyFX – Market News https://ift.tt/0COuxfM
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This week’s US dollar rebound has hit EUR/USD hard and sent the pair tumbling back towards 1.1100 and potentially lower.
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AUD remains on the backfoot against the USD as markets prepare for the FOMC announcement next week, while technical analysis suggests further downside to come.
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Outlook on FTSE 100, DAX 40 and S&P 500 amid mixed U.S. earnings and strong UK retail sales.
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Cable caught a bounce this morning on positive retail sales numbers. Is the rebound sustainable or will we see further weakness ahead of a busy 2-week period of Central Bank meetings?
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