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US Data Could Push Fed Rates Higher!

Name: US Data Could Push Fed Rates Higher!
Uploaded: 2023-05-02
Channel: David Kindley
Description: The greenback is looking optimistic ahead of tomorrow’s FOMC meeting.With most European markets closed yesterday, the focus now turns to the Fed.Gold prices began the week on the back foot, sliding again away from the $2K level. So, will there be ano

By David Kindley Last updated May 2, 2023 63 0

The greenback is looking optimistic ahead of tomorrow’s FOMC meeting.

With most European markets closed yesterday, the focus now turns to the Fed.

Gold prices began the week on the back foot, sliding again away from the $2K level. So, will there be another test before the end of the week?

Timestamps:
XAUUSD 01:35
DXY 03:05

Gold

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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