Forex Trading Library

The FOMC Drives Gold as Fed Remains Hawkish!

Name: The FOMC Drives Gold as Fed Remains Hawkish!
Uploaded: 2024-02-22
Channel: David Kindley
Description: The FOMC reaffirmed market expectations that the Fed will keep rates higher for longer.With inflation failing to fall fast enough, the Fed reiterated its hawkish outlook.What other markets could be affected as Gold jumps and the dollar drops?Timestam

By David Kindley On Feb 22, 2024 34 0

The FOMC reaffirmed market expectations that the Fed will keep rates higher for longer.

With inflation failing to fall fast enough, the Fed reiterated its hawkish outlook.

What other markets could be affected as Gold jumps and the dollar drops?

Timestamps

XAUUSD 01:05
DXY 02:10

Test your trading strategy on forex and stocks with Orbex

OPEN LIVE ACCOUNT

Federal Reserve (FED)FOMC Gold Inflation

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.

Intraday Analysis – FOMC Drives the greenback

Does Crude’s Unusual Moves Signal More Upside?