Gold Price Forecast: XAU/USD bears move in to test key support Gold DollarIndex Commodities Fed
Federal Reserve sentiment is the driving force with eyes on key support. is down some 0.5% on the day, sliding below the $2,000 mark as the US Dollar perks up again. US Treasury yields are moving higher towards a one-month peak, with markets now pricing in an 85% chance of a 25-basis-points rate hike at the Federal Reserve's May 2-3 meeting.
Hawkish tones have crept their way back in this week following, initially, Friday´s comments from Federal Reserve Governor Christopher Waller said that despite a year of aggressive rate increases, the Fed "hasn't made much progress" in returning inflation to their 2% target and argued that still need to go up. Today, we have heard from St.
Meanwhile, the Federal Reserve blackout period ´´starts on April 22 before the central bank's May 2-3 meeting. Analysts at Brown Brothers Harriman have explained that WIRP suggests 90% odds of 25 bp hike May 3, up from 70% at the start of last week and 50% at the start of the week before that. After that, odds of a hike June 14 sit near 20%. More importantly, a rate cut by year-end is no longer priced in.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Gold Price Forecast: XAU/USD bears prowl near psychological $2,000 levelGold price remains in the key support area in Asia with the bulls probing the bearish commitments at the psychological $2,000/oz level. XAU/USD has mo
Baca lebih lajut »
Gold Price Forecast: XAU/USD bulls are guarding a key daily support areaGold price has fallen from a high of $2,015.07 to a low of $1,981.19 on the day amid the rebound in the US Dollar as the hawks move back in over the s
Baca lebih lajut »
Gold Price Forecast: XAU/USD rebound remains elusive below $2,010 hurdle amid cautious optimismGold price (XAU/USD) struggles to defend early Tuesday’s corrective bounce around the $2,000 round figure as XAU/USD bears the burden of the US Dollar
Baca lebih lajut »
Gold Price Forecast: XAU/USD moves back above $2,000 amid weaker USD, bulls lack convictionGold Price Forecast: XAU/USD moves back above $2,000 amid weaker USD, bulls lack conviction – by hareshmenghani Gold Commodities Fed Bonds XAUUSD
Baca lebih lajut »
Gold Price Forecast: XAU/USD rebounds from the 20-day SMA to $2,010Gold price rose $2,011/oz after the beginning of the American session, reaching a fresh daily high. The yellow metal remains near the high, supported
Baca lebih lajut »
Gold Price Forecast: XAU/USD juggles above $2,000, US Dollar softens despite hawkish Fed betsGold price (XAU/USD) is displaying a back-and-forth action around $2,005.00 in the early Asian session. The precious metal has turned sideways after a
Baca lebih lajut »