Forex
globalreutersJuly 3, 20241 Mins read
Gold attempts to break above 50-day SMA after Powell speech
globalreutersJuly 3, 20241 Mins read Gold (XAU/USD) rallies into the $2,340s on Wednesday as investors continue to digest the contents of Federal Reserve (Fed) Chairman Jerome Powell’s speech from Tuesday and the shift in monetary-policy stance that his words reflected.
Recent Posts
Categories
Related Articles
USDJPY rotating back to the downside after extension to a new high stalls
In the morning video, I spoke about the 50% midpoint of the...
Stocks bounce a little off of Waller’s initial comments
The US stocks are moving a little higher on the Fed Waller...
Fed’s Waller: We’re at a point where the economy is strong and we want to keep it that way
The economy is strong and inflation is coming downI was open to...
European equity close: The shine comes off
It was a poor finish to Friday for European stocks and that...
Leave a comment