Gold dropped, market awaits Fed meeting on Wednesday
Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.
Tag - federal reserve
US dollar gains as market expects a tapering from FOMC
Ichimoku Kinko Hyo CHF/JPY: The pair is trading below the cloud…
US Dollar reduces losses
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
The Fed’s meeting will drive the USD
The Federal Reserve will release its statement and announce its interest rate decision at 21:00 MT time. Then, at 21:30 MT time, the central bank will hold a press conference.
AUD/USD : turns flat as major currencies keep little changed for the most part.
Fibonacci Levels XAG/USD: Zilver facing a further consolidation below 23…
Risk-off mood fails to lift dollar
Ichimoku Kinko Hyo CHF/JPY: The pair is trading above the cloud…
Gold and silver will remain in a very strong bullish trend.
Fibonacci Levels XAU/USD: Gold facing a further consolidation on a full-time retracement area…
Trading ideas for May 10-14
What is better to trade on the week of May 10-14?
Beating data from Microsoft and Google, Fed is eyed
Microsoft and Google have published strong earnings data. The main focus of traders is on the Fed meeting today.
US Dollar advances ahead of critical inflation figures.
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
The US economy and the USD
In this article, you'll find answers to major questions about the USD. Why is it rising? When will its dominance end?
Greatest sale of gold since 2018
Gold is heading for its first quarterly decline since 2018! The main reason for that is the strong US dollar.