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· 2 days ago
Gold rebounds to near $4,100 as Fed leaves interest rates unchanged
Gold rebounds to near $4,100 as Fed leaves interest rates unchanged
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GBP/JPY Price Forecast: Bulls reclaim 218.00 as RSI improves
GBP/JPY Price Forecast: Bulls reclaim 218.00 as RSI improves
USD/JPY, GBP/JPY Outlook: US Dollar Slides Despite Fed Dissent, BOJ Up Next
The US dollar weakened despite three Fed officials dissenting in favour of a rate hike, as traders pushed back expectations for a second tightening cycle. With the Federal Reserve now behind us, attention turns to the Bank of Japan, where guidance rather than rates is expected to drive the next move for USD/JPY and GBP/JPY.
USD/JPY Update: Yen tries to recover after Fed decision
Near the end of the session, the Japanese yen has started to show a slight recovery against the U.S. dollar. This movement is reflected in USD/JPY, which is down nearly -0.3% during the session.
Gold (XAU/USD) Price Forecast: Breakout Retest Sets Stage for Next Advance
Gold is showing early signs of a bullish reversal after defending key Fibonacci support, but confirmation requires a move above important resistance levels.
Fed Holds Rates as Three Dissents Hit Dow, Dollar, Gold and Silver
Fed holds rates but three dissents, a weaker dollar and volatile gold, silver and stocks keep September hike risk in control.
Silver holds firm as Dollar slides after split Fed decision
Silver holds firm as Dollar slides after split Fed decision
Post-FOMC USD Price Action Setups: EUR/USD, USD/JPY
The June rate decision prodded a rally in the Dollar and in response, markets were highly expecting the possibility of a rate hike at today's July rate decision from the FOMC. As Kevin Warsh has said numerous times, inflation is, and has remained well above the Fed's 2% target.
Pound Sterling Price News and Forecast: GBP/USD collects a refund on the Fed hike that never came
Pound Sterling Price News and Forecast: GBP/USD collects a refund on the Fed hike that never came
Gold surges after Fed holds as hawkish dissent fuels volatility
Gold surges after Fed holds as hawkish dissent fuels volatility
Why EUR/GBP Has Extended Its Gains and What Comes Next
EUR/GBP has been on the rise since mid-July and barring a surprise move by the BoE on July 30, there is little else to hold it back.
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Stays Above $4000 As Traders Wait For Fed Decision
Silver markets have also gained ground as traders prepared for Fed decision.
Silver (XAG) Forecast: Silver Market Awaits Warsh as Rate-Hike Risk Builds
Silver price prediction hinges on Warsh's Fed tone, with a hawkish message threatening a break toward lower support.
U.S. Dollar Moves Higher Ahead Of Fed Decision: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
The American currency managed to gain some ground ahead of the key event of the week.
Euro Short-term Outlook: EUR/USD Breakout Risk Builds Into Month-End
EUR/USD enters the final days of the month with both sides of its monthly range now tested, leaving the pair at a pivotal technical crossroads ahead of today's FOMC rate decision. The broader downtrend remains intact, but the weekly and monthly opening ranges continue to hold just above critical support as traders await a decisive catalyst.
Silver slips below $57 as Fed meeting keeps markets on edge
Silver slips below $57 as Fed meeting keeps markets on edge
USD/MXN Analysis: Mexican peso weakens ahead of the Fed decision
The Mexican peso is once again showing signs of short-term weakness. During today's session, USD/MXN is up more than 0.5%, once again reflecting strength in the U.S. dollar.
British Pound: Policy risk with range-bound trade against US Dollar – Scotiabank
British Pound: Policy risk with range-bound trade against US Dollar – Scotiabank
Euro: Options signal downside risk against US Dollar – Scotiabank
Euro: Options signal downside risk against US Dollar – Scotiabank
Gold remains under pressure near $4,000 as Fed decision looms
Gold remains under pressure near $4,000 as Fed decision looms