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Tag: forecast

What’s Happening? US Dollar Pulls Back After Strong Rally

US Dollar

The US dollar, represented by the DXY index, found itself on the back foot this Monday, retreating after a strong performance last week. Despite the upward movement in US Treasury yields across various time frames, the dollar couldn’t maintain its rally. By early afternoon in New York, the DXY index had slipped by 0.23%, landing […]

Gold Price Outlook: What Lies Ahead?

gold

The price of gold, a key indicator of market sentiment, is currently caught in the crosswinds of US retail sales data, Federal Reserve communications, and the ongoing debate over the US debt ceiling. Each of these factors is playing a crucial role in shaping the outlook for gold, as traders and investors alike navigate an […]

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