Gold prices roared higher after an in-line US CPI report sank the US Dollar and Treasury yields. XAU/USD broke higher, restoring momentum. Where to from here?

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In the rush of volatility surrounding the US CPI build up and impact, the headline that the majors’ most dovish central bank – the Bank of Japan – could be warming up to further tightening didn’t garner the attention it deserves. Those following the USDJPY, GBPJPY and other Yen crosses should monitor this thread and price action closely.

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The US Dollar sold-off after an in-line CPI print, dropping down to a Fibonacci level and trendline for a support test.

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US CPI data for the month of December fell in-line with expectations in anticipation of bank earnings, providing an initial lift to S&P 500. Can SPX clear 4000 to move higher?

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US inflation continues to ease as the December measures of core and headline inflation print in line with estimates. S&P shoots above 4000, DXY below 103

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