US Dollar (DXY) Index News: Flat Trade Ahead of Consumer Inflation Report
Powell's cautious tone and the market's increasing bets on rate cuts are likely to keep pressure on the U.S. Dollar Index.
Prices gains for gold, silver as traders await Powell, round 2
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold Price Forecast – Gold Continues to Look Positive Overall
The gold market looks likely to be positive overall, and I think that at this point in time the market is waiting for the crucial CPI and PPI numbers in the US.
Gold Market Analysis for July 10 - Key Intra-day Price Entry Levels for Active Traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold Prices Forecast: XAU/USD Jumps as Fed Chair Hints at Rate Cuts
The Fed signals potential rate cuts amid economic uncertainty, boosting gold's safe-haven appeal and likely strengthening its position.
Gold (XAU) Daily Forecast: Price Nears $2,370; Uptrend to Continue?
Gold prices reached an intraday high of $2,370 amid speculation of Fed rate cuts, bolstering the uptrend.
Gold Price Forecast: Consolidates on 50-Day MA Support, Eyes New Highs
Gold consolidates on 50-Day MA support, setting the stage for a potential breakout towards new highs, maintaining a bullish outlook despite recent sideways movement.
Gold, Silver, Platinum Forecasts – Gold Is Mostly Flat After Yesterday's Sell-Off
Gold markets did not show strong reaction to Fed Chair Powell's testimony.
Gold, silver modestly up as Powell provides no hawkish surprises
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Powell Says Fed's Next Move Is Unlikely To Be A Rate Hike
Fed needs more good data to strengthen its confidence that inflation is moving sustainably towards its 2 percent target.
US Dollar (DXY) Index News: Up from 3-1/2 Week Low Ahead of Powell's Testimony
With increasing expectations of rate cuts and potential dovish signals from Powell, the dollar may face further selling pressure in the coming days.
