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Gold Prices Forecast: Can Upcoming CPI Report Trigger a Shift in Sentiment? – FX Empire

Weekly Gold (XAU/USD)Fed policy outlook Federal Reserve Chairman Jerome Powell has hinted at the possibility of lower interest rates in the future, although the timing remains uncertain. He emphasized a prudent approach, focusing on achieving sustainable inflation trends towards the 2% target. Government bond yields and dollar performance Last week, significant movements were observed in […]

Crypto Market Forecast: Key Events To Watch This Week Amid Fed Chair's Testimony – CoinGape

The crypto market soared last week, with major cryptocurrencies such as Bitcoin, Ethereum, Solana, and Cardano hitting new highs. But as investors look forward to next week, all eyes are on Federal Reserve Chairman Jerome Powell’s upcoming testimony to Congress. This testimony has the potential to shake up market sentiment and shape future investment strategies. […]

Gold Prices Forecast: More Gains Ahead Amid Fed Rate Cut Speculation? – FX Empire

Weekly Gold (XAU/USD)Interest rate and dollar impact Recent economic data has led to lower U.S. Treasury yields, influencing the Federal Reserve’s monetary policy outlook. Falling benchmark 10-year U.S. Treasury yields and the dollar index are making gold more attractive. Key data points include the University of Michigan Sentiment Index and the Personal Consumption Expenditures (PCE) […]

Gold Price Forecast: Confluence Resistance Stifles Bulls, Focus Shifts to US PCE – DailyFX

Most read: USD looks to US PCE for clues to Fed path.Settings for EUR/USD, USD/CAD, USD/JPY Gold prices lost ground on Monday after last Friday’s strong performance, weighed down by rising U.S. Treasury yields, a situation that generally makes non-interest-bearing assets less attractive compared to bonds. In this context, XAU/USD closed near $2,030, just below […]

Expedia slashing 1,500 jobs after bleak travel demand forecast and CEO exit

Online travel platform Expedia said Monday it will cut about 1,500 jobs, or about 9% of its workforce, worldwide as part of an “organizational and technological transformation.” The reorganization comes after Expedia earlier this month warned that falling ticket prices would slow its revenue in 2024 and announced that CEO Peter Kahn would step down. […]

US Dollar Forecast: EUR/USD, GBP/USD and USD/JPY Price Action Setups – DailyFX

USD Weekly Forecast: Neutral Technical barriers will limit USD upside, but USD is likely to settle within a range next week EUR/USD strong despite worsening European outlook GBP/USD dissatisfied with long-term resistance – lower odds of interest rate cut supporting GBP? USD/JPY moves towards intervention levels again In this article’s analysis, chart pattern and the […]