Gold Price gains traction as US yields retreat ahead of Fed rate decision By eren_fxstreet Gold XAUUSD Metals Commodities Technical Analysis
held an emergency meeting to address the fragmentation issue on Wednesday. "The Governing Council decided that it will apply flexibility in reinvesting redemptions coming due in the PEPP portfolio, with a view to preserving the functioning of the monetary policy transmission mechanism," the
of New York's Empire State Manufacturing Index improved to -1.2 in June from -11.6. Following the mixed US data, Wall Street's main indexes remain on track to open in positive territory, possibly limiting the dollar's upside.Gold Price climbed above $1,830 during the European trading hours on Wednesday and the Relative Strength Index indicator on the daily chart rose toward 50, suggesting that buyers are looking to take control.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Gold Price Technical Outlook: Gold Threatens Collapse Ahead of FOMCGold prices are attempting to break below key support at the monthly lows ahead of tomorrow’s Fed rate-decision. The levels that matter on the XAU/USD technical charts.
Weiterlesen »
Gold Price Forecast: XAU/USD struggles to defend $1,800 at monthly low amid Fed fearsGold (XA/USD) seesaws around $1,810 as it pares recent losses around the monthly low during early Wednesday. In doing so, the bright metal prints the
Weiterlesen »
Gold Price Forecast: XAUUSD struggles amid rapid rises in bond yields – CommerzbankGold came under considerable pressure on Monday and fell by almost 3% to around $1,820. As strategists at Commerzbank note, gold is facing headwind fr
Weiterlesen »
Gold Price Forecast: Lower lows hint at a bearish continuationXAUUSD Current price: $1,832.32 US government bond yields soared on Monday as investors remain focused on inflation. The US Federal Reserve will have
Weiterlesen »
US central bank ponders huge rate hike to combat price surgeThe US Federal Reserve is poised to raise borrowing costs Wednesday amid the troubling acceleration of inflation, with the only question being whether officials will opt for the biggest hike in nearly three decades or a smaller step up.
Weiterlesen »
Fisher-Price, US Regulators Warn of Infant Deaths in RockersFisher-Price and U.S. product safety regulators are telling parents not to let their infants fall asleep in the company’s rockers after 13 infants died in the devices between 2009 and 2021. The deaths happened when the babies fell asleep in Fisher Price’s Infant-to-Toddler and Newborn-to-Toddler rockers. The company, along with U.S. Consumer Product Safety Commission, said the rockers should never…
Weiterlesen »