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Gold Looks to Defend Key 1800 Level as PCE Inflation Data Nears - Vimarsana News

Gold Looks to Defend Key 1800 Level as PCE Inflation Data Nears

Gold is holding above the key 1800 level after prices drop hard following President Biden renominating Jerome Powell to lead the Federal Reserve. Bullion traders now turn their focus to US PCE data.

US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, AUD/USD, USD/JPY - Vimarsana News

US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, AUD/USD, USD/JPY

It was a big week for US Dollar price action but it’s perhaps an even bigger week ahead given the economic calendar, with both NFP and FOMC on the docket.

Gold Price Outlook: Inflation Data Eyed With Global Central Bank Tightening Bets - Vimarsana News

Gold Price Outlook: Inflation Data Eyed With Global Central Bank Tightening Bets

Gold prices are under pressure after China growth slowed and New Zealand inflation surged, with investors pricing in more aggressive central bank policy outlooks, which is supporting bond yields.

Canadian Dollar (CAD) Technical Forecast: USD/CAD and CAD/JPY Setups - Vimarsana News

Canadian Dollar (CAD) Technical Forecast: USD/CAD and CAD/JPY Setups

This weekly forecast delves into "strong vs weak" currency analysis as we compare the high-flying CAD to the weaker US dollar and Yen.

Pound Dollar Price Forecast: GBP/USD Key Levels for the Week Ahead - Vimarsana News

Pound Dollar Price Forecast: GBP/USD Key Levels for the Week Ahead

GBP/USD continues to test key technical levels after bulls run into psychological resistance at 1.3600