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Tag: forecast

U.S. Dollar Retreats Despite Rising Treasury Yields, Prompting Gold Rally

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The U.S. dollar, represented by the DXY index, experienced a decline on Monday after a strong rally the previous week. This came despite the rise in U.S. Treasury yields across various time frames. By early afternoon in New York, the dollar gauge was down 0.23% at 102.46, stepping back from its five-week high reached overnight. […]

Gold Price Forecast: XAU/USD Faces Active Trading Day with US Focus

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Gold price outlook is influenced by US retail sales, Fed communications, and updates on the US debt ceiling. Implied Fed funds futures indicate a leaning towards a dovish stance. The technical analysis by DailyFX.com reflects the uncertainty in the overall macro environment. XAU/USD Fundamental Backdrop Gold prices have remained rangebound as the market awaits the […]

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OFP FUNDING Is A Trademark Brand Name Owned By FINTEKNOLOGY LTD. UK (Company Number: 15131112). The Services Provided On This Website Are Professional Skill-Assessment Services. The Outcome Of The Proposed Services Is Necessarily Determined By The Individual Professional Skill Level And Ability To Perform Under The Program Guidelines And Objectives As Elaborated For Each Service Separately. Clients Are Advised To Conclude A Thorough Study Of The Requirements Of The Program Before Signing Up For Any Of The Services. Hypothetical Performance Disclosure: All Accounts Used  For The Services Are Demo Accounts. Hypothetical Performance Results Have Many Inherent Limitations, Some Of Which Are Described Below. No Representation Is Being Made That Any Account Will Or Is Likely To Achieve Profits Or Losses Similar To Those Shown; In Fact, There Are Frequently Sharp Differences Between Hypothetical Performance Results And The Actual Results Subsequently Achieved By Any Particular Trading Program. One Of The Limitations Of Hypothetical Performance Results Is That They Are Generally Prepared With The Benefit Of Hindsight. In Addition, Hypothetical Trading Does Not Involve Financial Risk, And No Hypothetical Trading Record Can Completely Account For The Impact Of Financial Risk Of Actual Trading. For Example, The Ability To Withstand Losses Or To Adhere To A Particular Trading Program In Spite Of Trading Losses Are Material Points Which Can Also Adversely Affect Actual Trading Results. There Are Numerous Other Factors Related To The Markets In General Or To The Implementation Of Any Specific Trading Program Which Cannot Be Fully Accounted For In The Preparation Of Hypothetical Performance Results And All Which Can Adversely Affect Trading Results.

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