Gold price attracts some haven flows amid the post-FOMC sell-off in the equity markets. The Fed’s hawkish outlook continues to lift the US bond yields and caps the XAU/USD. Traders
Gold price struggles to gain any meaningful traction and remains confined in a narrow rangeExpectations for a less dovish Fed and elevated US bond yields cap the non-yielding XAU/USDGeopolitical risks
On Friday, the central bank of Russia increased its key interest rate by 200 basis points to 21%, the highest level since the early years of President Vladimir Putin’s rule,
According to bets in interest-rate futures contracts, Federal Reserve policymakers are anticipated to implement a quarter-percentage-point interest-rate reduction next month and continue to progressively reduce the policy rate until it
On Wednesday, the dollar hit a 14-month low against the euro as traders wagered that the Federal Reserve will make another significant rate cut at its November meeting due to
Prior to his address at the Jackson Hole Economic Symposium, Federal Reserve Chair Jerome Powell is expected to present a flexible framework for rate reductions, according to Evercore ISI analysts.
The Japanese yen rose versus the dollar, as the flight to safety ensured that investors were seeking a haven in the face of growing volatility in the global markets. Fears
The US economy has been experiencing a period of uncertainty, with rising inflation, interest rate hikes, and global market volatility. This has led to concerns about a potential recession. In