Gold Price Forecast: XAU/USD set for more pain on a daily close below $1,993
Gold price is flirting with the lowest level in two months near $1,990 early Wednesday, consolidating the previous day’s steep sell-off.
Source: fxstreet.com
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Top News In March Fed Today - Breaking & Trending Today
IT, pharma stocks slide as rate cut prospects diminish
Analysts expects these two export-oriented sectors to remain under pressure in the near term as the Fed rate-cut prospects diminish on hotter-than-expected inflation print
Source: moneycontrol.com
Wait for rate cut gets longer after red hot US CPI data; action only in June or July, says this EM expert
Independent Emerging Markets commentator Geoffery Dennis feels that the Fed will likely maintain its projection of three rate cuts this year.
Source: moneycontrol.com
Dollar rises as hot US inflation cools Fed rate cut bets
LONDON :The dollar rose to a fresh three-month high against major peers as traders pushed back bets for a Federal Reserve interest rate cut following surprisingly hot U.S. inflation figures.Since data Tuesday showed the U.S. consumer price index (CPI) in January gained 3.1 per cent from a year earlier, versus
Source: channelnewsasia.com
Gold Price Forecast: XAU/USD looks to retest $2,010 support ahead of US CPI inflation
Gold price is keeping its losing momentum intact early Tuesday, falling for the fifth day in a row.
Source: fxstreet.com