In focus today Today’s main events will be the US May CPI at 14.30 CET followed by the FOMC rate decision at 20.00 CET. We expect the Fed to maintain monetary policy unchanged in line with broad consensus and market pricing. The median rate projection on the updated ‘dot plot’ is likely to signal only […]
As shown by today’s XAU/USD chart, the price of an ounce of gold is around $2,628, marking a new all-time high for three consecutive trading days: 20th, 23rd, and 24th September. The bullish sentiment in the gold market is driven by: → the reaction to Wednesday’s decision by the Federal Reserve to cut interest rates […]
The post Price of Gold Continues to Hit Record Highs appeared first on Action Forex.
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