Author: BonTrade

Spot gold is on the backfoot this morning ahead of U.S. retail sales data leaving XAU/USD trading below the key $1700 level.

Original post: 
Gold Price Forecast: XAU/USD Back Below $1700 on Fed Rate Hike Expectations

Spot gold is on the backfoot this morning ahead of U.S. retail sales data leaving XAU/USD trading below the key $1700 level.

See the rest here:
Gold Price Forecast: XAU/USD Back Below $1700 on Fed Rate Hike Expectations

The US Dollar’s robustness remains intact as the market recalibrates Fed rate hike expectations ahead of their meeting next week. Will data later today move get the USD rally going again?

See more here:
US Dollar Steadies the Ship While Speculation Swirls of Fed Hikes and BoJ Intervention

The US Dollar’s robustness remains intact as the market recalibrates Fed rate hike expectations ahead of their meeting next week. Will data later today move get the USD rally going again?

Read the original: 
US Dollar Steadies the Ship While Speculation Swirls of Fed Hikes and BoJ Intervention

Despite the extraordinary volatility – and risk aversion move – that immediately followed the US CPI release, there was little follow through to be found this past session. While we can still navigate into significant activity for risk asset and Dollar-based majors through the immediate future, the market’s attention will be anchored on next week’s FOMC decision.

See original here: 
S&P 500 and Nasdaq Traders Focused on FOMC Next Week, Dollar the One True Safe Haven

Despite the extraordinary volatility – and risk aversion move – that immediately followed the US CPI release, there was little follow through to be found this past session. While we can still navigate into significant activity for risk asset and Dollar-based majors through the immediate future, the market’s attention will be anchored on next week’s FOMC decision.

View original post here:
S&P 500 and Nasdaq Traders Focused on FOMC Next Week, Dollar the One True Safe Haven

Despite the extraordinary volatility – and risk aversion move – that immediately followed the US CPI release, there was little follow through to be found this past session. While we can still navigate into significant activity for risk asset and Dollar-based majors through the immediate future, the market’s attention will be anchored on next week’s FOMC decision.

Originally posted here:
S&P 500 and Nasdaq Traders Focused on FOMC Next Week, Dollar the One True Safe Haven

Gold is at risk of crashing with prices below 1,700 as FOMC bets for a 100-basis point rate hike rise. XAU may crash if those bets increase further, with US retail sales providing a possible catalyst.

Here is the original: 
Gold Prices at Risk as FOMC Bets Firm Up. US Retail Sales May Trigger a Crash

Gold is at risk of crashing with prices below 1,700 as FOMC bets for a 100-basis point rate hike rise. XAU may crash if those bets increase further, with US retail sales providing a possible catalyst.

Read the original:
Gold Prices at Risk as FOMC Bets Firm Up. US Retail Sales May Trigger a Crash

Gold is at risk of crashing with prices below 1,700 as FOMC bets for a 100-basis point rate hike rise. XAU may crash if those bets increase further, with US retail sales providing a possible catalyst.

Read the original post: 
Gold Prices at Risk as FOMC Bets Firm Up. US Retail Sales May Trigger a Crash