Trading CPI: How the market could react to Wednesday's inflation data
A hotter print could drive down prices after a long advance. A cooler one could spur a rally, and lift expectations of a June rate cut.
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A hotter print could drive down prices after a long advance. A cooler one could spur a rally, and lift expectations of a June rate cut.
Gold price witnessed a sudden $27 upswing and stormed through the $2,350 barrier to refresh an all-time high at $2,354 in Asian trading on Monday.
Gold price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark during the Asian session on Monday and hits a fresh all-time peak in the last hour.
A close look at the USD/CAD weekly forecast reveals hints of a bullish trend as the policy outlook between the US and Canada diverges.
Gold price is holding gains near a new record high above $2,350 in Monday’s Asian trading, as the US Dollar (USD) struggles amid a mixed market mood and a pause in the US Treasury bond yields rally.