Gold Price Hammered as Fed Chair Powell’s Commentary Sends US Treasury Yields Soaring

Gold is within touching distance of making a fresh two-and-a-half-year low after US Treasury yields jumped following the latest FOMC meeting. Via DailyFX - Market News https://ift.tt/p5NzAOq

USD Forecast: DXY Pushes Upper Bounds of Key Technical Pattern Post-FOMC

The US dollar is trading higher this morning as markets digest the FOMC statement in a hawkish light ahead of tomorrow’s NFP. Via DailyFX - Market News https://ift.tt/p5NzAOq

South Africa Top 40 Index (SA40) Wrestles with Resistance Below 62000

South Africa’s major stock index, SA40 continues to move higher despite heightened geopolitical risks and a resilient Dollar. Can the South Africa Top 40 index rise above 62000? Via DailyFX - Market News https://ift.tt/p5NzAOq

EUR/USD Outlook: 0.9850 Support Holds Firm as Markets Await Clarity

The pair has retreated further from parity to retest last week’s trendline break. Will the FOMC meeting give the pair some much needed direction? Via DailyFX - Market News https://ift.tt/eNuZB5j

Gold Prices Hold Nascent Uptrend As Markets Look To Fed

The yellow metal has seen relentless pressure this year as interest rates have risen, but hopes for, perhaps, a pause, have lent some support. Via DailyFX - Market News https://ift.tt/eNuZB5j

The US Dollar (USD) is Primed For Action with November’s Fed Decision Imminent

This week’s big event, the latest Federal Reserve rate decision, is upon us and the US dollar is prepared for a move. Via DailyFX - Market News https://ift.tt/eNuZB5j

Crude Oil Forecast: Brent Bid on Possible Reduction in China’s COVID Policies, API & FOMC

Brent crude oil pushed higher after several fundamental catalysts provided upside support ahead of FOMC later this evening. Via DailyFX - Market News https://ift.tt/eNuZB5j