USD/CAD to continue to trade in the high 1.30's – MUFG
The Canadian Dollar has underperformed alongside the US Dollar this month.
Source: fxstreet.com
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Gold Price Forecast: It is too early to see a sustained XAU/USD rally above $2,000 – TDS
Gold rose the most in a month to north of $2,000. Strategists at TD Securities analyze the yellow metal’s outlook.
Source: fxstreet.com
Gold offers a potentially effective hedge against a deterioration in geopolitical conflicts – UBS
Gold prices hit $2,000. Economists at UBS analyze the yellow metal’s outlook.
Source: fxstreet.com
ECB's de Guindos: It's premature to discuss rate cuts
European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday, “central bank will not prejudge further movements in the policy rate.” Additional quotes Haven't seen extreme moves in bond spreads.
Source: fxstreet.com
Fed to remain on hold until the middle of next year – Rabobank
Following the last FOMC minutes release on Tuesday, economists at Rabobank do not believe that recent data are likely to spur the Fed into action.
Source: fxstreet.com
Eurozone rates to remain higher for longer than markets anticipate – Nataxis
Nataxis research is out with a note detailing how long-running supply and demand imbalances in the Eurozone are going to keep rates higher for longer than most markets are currently expecting.
Source: fxstreet.com
Gold price bulls look to seize control near two-week high ahead of FOMC minutes
Gold price (XAU/USD) builds on the overnight bounce from the $1,966-1,965 area and gains strong positive traction during the Asian session on Tuesday.
Source: fxstreet.com
Gold Price Forecast: Will XAU/USD yield a sustained break above $2,000 on Fed Minutes?
Gold price is trading close to the highest level in over two week, just shy of the $2,000 barrier early Tuesday.
United States World Gold Council Federal Reserve United States Dollar Federal Reserve November Home Sales
Source: fxstreet.com
BoE's Bailey warning words likely to provide little support for Sterling – Commerzbank
Economists at Commerzbank analyze GBP outlook after Bank of England (BoE) Governor Andrew Bailey’s speech at the Henry Plumb Memorial Lecture.
Source: fxstreet.com
Gold struggles to capitalize on modest intraday uptick amid a positive risk mood
Gold price (XAU/USD) attracts some dip-buying near the $1,973 area on the first day of a new week and stalls Friday's modest pullback from a two-week high.
Source: fxstreet.com