GBP/USD pinned near 1.2800 as markets head into 2024
The GBP/USD climbed higher on Wednesday as broad-market risk appetite pushed the US Dollar (USD) into the floorboards, bolstering the Pound Sterling (GBP).
Source: fxstreet.com
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USD Index to ease, hitting 98 by end of Q4 2024 – ANZ
The US Dollar Index (DXY) has suffered a sharp sell-off from a high of 107 to a low of 102.5 in October and November.
Source: fxstreet.com
Dollar could still extend further weaker due to momentum and positioning in a low-volume market – MUFG
The US Dollar Index (DXY) hit a new low not seen since July on Thursday.
Source: fxstreet.com
US: Disinflation, higher unemployment and lower rates in 2024 – Rabobank
As 2023 is coming to an end, it is time to take a look at 2024.
Source: fxstreet.com
Gold Price Forecast: XAU/USD consolidates in a familiar range before the next leg up
Gold price (XAU/USD) regains positive traction on Thursday and reverses a major part of the previous day's downfall amid the underlying bearish sentiment surrounding the US Dollar (USD).
Source: fxstreet.com