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Tag: PCE

Gold Price Forecast: XAU/USD remains poised to challenge $1,833 ahead of US data – Confluence Detector

Forex
Gold price is consolidating Friday’s rebound amid a mixed market sentiment on Monday. Hawkish Fed outlook, China’s covid woes fail to impress US...

Gold Price Forecast: XAU/USD oscillates in a narrow range, remains below $1,800 mark

Forex
Gold price lacks any firm directional bias on Monday and remains confined in a narrow range. A modest USD downtick lends some support,...

The dollar is slightly weaker in consolidative trade – BBH

Forex
Economists at Brown Brothers Harriman & Co. (BBH) suggest that the recent dovish turn by the Federal Reserve might continue to weigh on the...

GBP/USD subject to further weakness following an upbeat US NFP report

Forex
The Pound Sterling nosedived to 1.2133 once the headline crossed newswires. US November’s Nonfarm Payrolls crushed estimates, and wages rose. Traders focus on...

European Stock Futures Edge Lower

Forex
EU stock markets should open with minor losses on Friday as investors await the release of monthly U.S. employment data that could influence Fed...

Gold Price Rallying to $1,800 Post Powell’s Remarks

Forex
A new higher high activates further growth. False breakouts may announce a new sell-off in the short term. The US data could bring...

USD/JPY Forecast: Hits 3-Month Lows Amid Dovish Fedspeak

Forex
Powell said interest rate increases could be cut back “as soon as December.” US yields dropped overnight to a nearly two-month low...

USD/CAD Outlook: Dollar Dips amid Powell, Poor Economic Data

Forex
Powell stated that the Fed might start slowing rate hikes as soon as December. Fed funds futures traders expect the Fed funds...

Gold Price Forecast: XAU/USD bulls eye $1,787 and $1,796 ahead of key US data – Confluence Detector

Forex
Gold price rises for the third-straight day, hitting two-week highs on Thursday.   Dovish Fed Chair Powell’s message and China’s reopening optimism smash...

NZD/USD pokes 3.5-month high above 0.6300 on upbeat China data, focus on US PCE inflation

Forex
NZD/USD takes the bids to defend post-Powell rally as China data favor the Kiwi pair bulls. China Caixin Manufacturing PMI for November rose...

Euro eyes German CPI

Blockchain
It has been a busy start to the week for EUR/USD, which gained 100 points earlier in today but has given up almost...

USD/JPY Price Breaks 138.0 as Greenback Sellers Retake Control

Forex
The USD/JPY pair is bearish if it stays under the downtrend line. Taking out the support levels announces more declines. The US data...
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