Gold Price Forecast: XAU/USD bears in the market below trendline support Gold Commodities DollarIndex Fed
Raises interest rate on marginal lending facility to 3.75% vs 3.25% prior.Refrains from signalling future rate moves in statement.Headline inflation expected to average 5.3% in 2023, 2.9% in 2024 and 2.1% in 2025.Elevated level of uncertainty reinforces importance of a data-dependent approach to ECB policy decision, which will be determined by its assessment of inflation outlook in light of incoming data and dynamics.
Analysts at ANZ Bank explained that ´´mainstream reports in the US that major US banks, working with the government, are in discussions to support California based First Republic Bank, also buoyed sentiment. US regional bank stocks climbed 5.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Gold Price Forecast: XAU/USD moves away from multi-week top, remains depressed below $1,900Gold price remains under some selling pressure for the second straight day on Wednesday and extends the overnight pullback from the $1,914-$1,915 area
Leer más »
Gold Price Forecast: XAU/USD continues to juggle above $1,900 despite US Inflation softensGold price (XAU/USD) is inside the woods despite the United States inflation figures meeting expectations. The precious metal is continuously oscillat
Leer más »
Gold Price Forecast: XAU/USD eases amid firmer yields, United States, China statistics eyedGold price (XAU/USD) extends the previous day’s pullback from a five-week high as it drops to $1,901 during early Wednesday. In doing so, the bright m
Leer más »
Gold Price Forecast: Banking turmoil to reinvigorate XAU/USD investor demand over the longer term – ANZGold price is consolidating the previous decline so far this Wednesday. However, economists at ANZ Bank expect US banking stress to reinvigorate inves
Leer más »
Gold Price Forecast: XAU/USD soars to $1,930 after US data; Credit Suisse shares tumbleGold price resume the upside on Wednesday, boosted by risk aversion across financial markets, triggered by worries about the health of Credit Suisse.
Leer más »
Gold Price Forecast: XAU/USD eyes substantial upside – TDSGold has surged to $1,930, its highest level since February 2. The yellow metal could stage a significant race higher, strategists at TD Securities re
Leer más »