Etiqueta: DailyFX – Market News

Euro Gains as the US Dollar Frets ahead of the Fed after Benign CPI. Higher EUR/USD?

The Euro retreated from its peak for the month today as markets digest the implication of US CPI ahead of the Federal Reserve meeting later. If the Fed pauses, will EUR/USD rally?

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Cooling US inflation provides room for Feds wait-and-see: Silver Hang Seng Index GBP/USD

Further cooling in US inflation reflects some degree of success in policy moves thus far and provides room for the Fed to put on some wait-and-see at the upcoming FOMC meeting.

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Gold Price Peels Lower Despite Soft US Dollar Ahead of the Fed. Lower XAU/USD?

The gold price is struggling to gain ground in the aftermath of US CPI data that dented the US Dollar. If the Federal Reserve keeps its target rate the same, will it help or hinder gold?

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US Dollar Drips Lower Ahead of Key Fed Decision Levels to Watch on DXY

The Fed’s monetary policy decision and guidance on Wednesday will take center stage in financial markets and will be key in guiding the near-term path of the U.S. dollar.

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