Friday , 22 November 2024
Home Forex Gold price stays firm on Fed hawkish hold after softer US inflation report
Forex

Gold price stays firm on Fed hawkish hold after softer US inflation report

Gold prices climbed on Wednesday following a lower-than-expected inflation report in the United States (US), which increased the odds of a Federal Reserve (Fed) interest rate cut later in the year.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

FX option expiries for 22 November 10am New York cut

There is arguably just one to take note of on the day,...

USD adding on a few points: AUD, CAD lower. USD/JPY back to its session high.

The moves aren't large, but just noting some USD strength coming in....

PMI data back in the spotlight to wrap up the week

The dollar held a bit more of a mixed mood since trading...

Just over half of economists surveyed expect the Bank of Japan to hike rates in December

Survey on what to expect from the Bank of Japan conducted by...