Gold Price Outlook at Risk as Markets Embrace Tighter Fed for Longer After US CPI

Gold, XAU/USD, CPI, Trendline Breakout – Precious Metals Briefing: Gold prices sink in the aftermath of US inflation data Longer-term Treasury yields outpaced the front-end This will continue making life difficult for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices weakened in the aftermath of US inflation data on Thursday, reversing

MH PARAMETER SETTINGS HIGH RISK [AUD/CAD] – Trading Systems – 8 August 2023

If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: AUD/CAD Timeframe: H1 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for AUD/CAD, H1: MINIM_DAILY_PROFIT = Minimum daily profit = 10000  BATAS_FREE_MARGIN = Free margin limit = 10  JAM_ON   = The robot starts trading

Dollar edges lower as risk sentiment improves By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Wednesday, as improved risk sentiment weighed on the safe haven despite fresh signs of Chinese economic weakness. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 102.177, paring some

Dollar retreats after China deflation unleashes drive into risk assets By Reuters

© Reuters. FILE PHOTO: The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez By Amanda Cooper LONDON (Reuters) -The dollar retreated on Wednesday after data showed the Chinese economy slipped into deflation last month, which upped the chances for the government to roll

Rand Suffers as Risk Sentiment Sours

RAND TALKING POINTS & ANALYSIS Less aggressive Fed speak unable to deter ZAR selloff. Investors look towards low-risk assets, weighing negatively on the rand. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/ZAR FUNDAMENTAL BACKDROP The rand’s downside has moderated since

USD/MXN sinks after a soft US Nonfarm Payrolls report, risk appetite improvement

Share: USD/MXN drops more than 1.50%, but clings to the 17.0000 psychological level. US jobs data came soft, thus decreasing the chances for additional tightening by the Federal Reserve. Upcoming economic data includes the US inflation report, Balance of Trade, and Fed speakers, while in Mexico, Consumer Confidence and inflation rate will be

WTI and Brent Pullback on Continuing Risk Off Sentiment

WTI, Brent Crude Oil Analysis Fitch downgrade spooks risk assets with oil proving vulnerable too WTI oil heads lower after respecting significant zone of resistance Brent crude oil eyes $82 as first real test of bearish momentum The analysis in this article makes use of chart patterns and key support and resistance levels. For more

Crude Oil Eyes New Highs Despite Risk Aversion Elsewhere on Fitch Decision

Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold – Talking Points The crude oil price pressed toward elevated levels as markets recalibrated The Fitch downgrade dominated price action, but the impact has been disparate If the risk-off attitude continues, will WTI face headwinds? Trade Smarter – Sign up for the

Fed’s Bostic: We are in a phase where there is some risk of overtightening

Baseline is no rate cuts until the second half of 2024 at earliest Inflation is unacceptably high but there has been significant progress Data consistent with ‘orderly slowdown’ We are in a phase where there is some risk of overtightening says he would have ‘grudgingly’ voted for a rate hike in July If progress on