Etiqueta: DailyFX – Market News

US Dollar Holds the High Ground as Inflation Haunts Markets. Where to for USD?

The US Dollar ascendency got back on track last week after strong core US PCE data triggered fears of an even more aggressive Fed tightening phaser. Will the DXY index make a new high?

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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, USD/CAD, AUD/USD, GDP

The Dow Jones and S&P 500 tumbled as PCE data boosted hawkish Fed bets last week. The US Dollar gained, and gold fell. Ahead, CAD and AUD are eyeing local GDP data. What else is in store?

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Gold Price Fundamental Forecast: XAU/USD Under Pressure From Raging Dollar

Gold prices head into the week on the backfoot after a resilient dollar remains supported by salivated inflationary pressures. XAU/USD eyes 1800.

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USD/CAD at Fresh 2023 Highs After Bullish Breakout, Oil Forges Bearish Pattern

USD/CAD presents a constructive outlook after this past week’s bullish breakout. Meanwhile, oil exhibits a negative technical bias as prices continue to develop a bearish chart formation.

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