XAU/USD pulls back from two-week high as Fed’s decision looms

[ad_1] Share: Gold price hit a two-week high at $1937.35 before retreating to $1931.77, down 0.06%. US 10-year Treasury bond yield reaches a 16-year high at 4.367%, weighing on gold. Investors keenly await the Federal Reserve’s ‘dot plots’ and updated economic projections for rate hike clues. Gold price retreats after hitting a two-week

EUR/USD Quiet Before FOMC. How Will the Fed’s Decision Impact Euro’s Outlook?

[ad_1] EUR/USD FORECAST: EUR/USD trades largely directionless on Tuesday, moving between small gains and losses ahead of the Fed’s announcement The FOMC is set to unveil its September policy decision on Wednesday. No interest rate changes are expected, but the bank will release the eagerly-awaited “Summary of Economic Projections” This article analyzes possible scenarios for

Wait-and-See in Lead-Up to Fed’s Decision, RBA Minutes in Focus

[ad_1] Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Market sentiments remained in its usual wait-and-see ahead of the Federal Open Market Committee (FOMC) meeting this week, as the VIX headed higher for the second straight day to reflect increased hedging activities while major US indices ended

Fed’s Barr says ‘a long way’ from a central bank digital currency

[ad_1] No comments on monetary policy Fed is ‘a long way’ from any decision on CBDC Would only proceed with clear support of executive branch and legislation from Congress Says he remains ‘deeply concerned’ about stablecoin issuance without strong federal oversight There’s nothing to move markets here. [ad_2] لینک منبع : هوشمند نیوز

Fed’s Mester: Inflation still too high, but sees progress

[ad_1] Federal Reserve Bank of Cleveland President Loretta Mester gives closing remarks onsite before hybrid Inflation: Drivers and Dynamics Conference 2023 in Frankfurt, Germany. She’s well-traveled at the moment as she spoke at Jackson Hole a week ago. Job market still strong amid signs of rebalancing 3.8% jobless rate is still low Main Fed debate

Gold’s Path Hinges on US Jobs Report Amid Fed’s Data Emphasis, XAU/USD Levels

[ad_1] GOLD FUNDAMENTAL OUTLOOK Gold prices advance on Monday, supported by U.S. dollar softness and mostly lower U.S. Treasury yields The U.S. employment report, due for release later in the week, will set the tone for precious metals and the U.S. currency in the near-term This article looks at key XAU/USD’s technical levels to watch

Fed’s Mester: We probably still have more work to do

[ad_1] We have to be very diligent about this We don’t want to be satisfied because inflation remains too high We’ve had stronger underlying momentum since June forecasts We’ve made progress on inflation Core inflation over 4% is still too high Notes she doesn’t have cuts built in for next year but will watch the