XAU/USD To Gain on Dovish Fed Speeches

XAU/USD To Gain on Dovish Fed Speeches


  Key Talking Points: Gold acts as a hedge for central bank inaction XAU/USD nearing key area of support Gold (XAU/USD) has been unable to hold bullish momentum going into Tuesday’s session after recovering from the worst drop since August 2020 last week. The Fed’s acknowledgment regarding inflationary pressures hasRead More →

How to understand the Fed’s dovish turn


Getty Images Fed Chairman Jerome Powell NEW YORK (Project Syndicate) — The Federal Reserve surprised markets recently with a large and unexpected policy change. When the Federal Open Market Committee (FOMC) met in December 2018, it hiked the Fed’s policy rate to 2.25-2.5%, and signaled that it would raise theRead More →

Asia stocks firm, euro sags after dovish ECB By Reuters


© Reuters. FILE PHOTO – Pedestrians walk past an electronic board showing the graphs of the recent fluctuations of the Japanese yen’s exchange rate against the U.S. dollar outside a brokerage in Tokyo By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose across the board on Friday, buoyed by gainsRead More →