Saturday , 21 September 2024
Home Forex Gold climbs ahead of US inflation data as traders eye Fed rate cut
Forex

Gold climbs ahead of US inflation data as traders eye Fed rate cut

Gold gained ground on Monday as traders braced for the release of August’s inflation report in the United States (US) and looked for hints that the Federal Reserve (Fed) would cut rates by 50 or 25 basis points.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Global Market Weekly Recap: September 16 – 20, 2024

It was a hectic week in the global financial markets, as the...

FX Weekly Recap: September 16 – 20, 2024

Although the FOMC decision was the main event on everyone’s radars, there...

Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.

Mixed end to the day for the major indicesQualcomm has approached Intel...

USD/JPY Price Forecast: Records back-to-back days of gains, stays below 144.00

The USD/JPY registers gain for back-to-back days, yet it remains shy of...