A dovish interpretation of Jerome Powell’s FOMC statement on Wednesday sent gold spiking to a fresh all-time high before the precious metal retraced most of the move.
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British Pound Latest: GBP/USD Bid on FOMC Outlook, EUR/GBP Eyes the ECB
The Federal Reserve raised rates by 25 basis points as expected yesterday but the US hiking cycle may well be over. Next up the ECB.
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AUD/USD Price Forecast: Pro-growth Aussie Struggles to Capitalize on Dovish Fed
AUD/USD is trading at a key inflection point as the Aussie dollar faces a weakening USD while risk aversion takes hold. Where to next?
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US Dollar Crunched Post Fed Hike as Oil and Gold Rip Apart. New DXY Index Low?
The US Dollar descended again today after the market perceived the Fed to have delivered a dovish hike in rates. Crude went into a tailspin while gold found new legs. Will USD break lower?
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Gold Clocks New Peaks Post Fed Hike as Oil Collapse Rattles Markets. Higher XAU/USD?
The gold price jumped toward record highs today as the market deciphers the implications of the Fed rate decision, lower Treasury yields and a soft US Dollar. Where to for XAU/USD?
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