Gold Breaks Below $3,900 as Fed Hike Odds Hit 90% for December
Gold has plunged below $4,000 toward $3,898 as October core CPI at 0.3% m/m and a 90% Fed hike probability strengthen the dollar, a TradingView analysis says.
Topic
Federal Reserve
Topic
Federal Reserve
Nasdaq 100 Trapped Between Rising Lows and a 28,620 Lid
Nasdaq 100 sits at 28,275, pinned between a rising trendline at 28,240 and resistance at 28,620 after Jensen Huang resigned as Nv…
Silver Eyes $45.60 as Dollar Pressure Builds, Exness Says
Silver may slide to $45.60 support as a stronger dollar and Fed tightening bite, despite the Silver Institute forecasting a sixth…
Gold Slides Below 3,971 Support as Fed Odds Turn Hawkish
Gold trades near 3,900 after breaking the 3,971.806 support, with an analyst targeting 3,860.738 as markets price an 89% chance o…
Gold Slides to One-Year Low as Sticky Inflation Bites
Gold broke below 3870 to a one-year low after US October CPI rose 0.4% MoM vs 0.3% expected. Exness strategist maps downside to 3…
Gold Faces Heavy Selling Pressure as Traders Eye $3,800 Target
Gold trades under heavy selling pressure as a stronger dollar, hot US inflation and hawkish Fed bets weigh on XAUUSD, with trader…
USD/JPY Tests 160 as Speculators' Yen Shorts Hit 92nd Percentile
USD/JPY trades at 159.91, near a 19-month high, as leveraged funds hold yen shorts at the 92nd percentile. One soft PPI print or…
DXY Rallies to Multi-Month Highs as Fed Hike Bets Hardened
The dollar index hit multi-month highs as October CPI of 0.4% MoM beat forecasts and Fed officials Daly and Hammack warned inflat…
Gold Stalls at $3,885 as US Inflation Keeps Fed Tightening Alive
Gold trades near $3,885 support as sticky US inflation and rising oil prices keep Fed tightening alive. Exness strategist maps 3,…
AUD/USD Faces Make-or-Break Test at 0.68344–0.68411 Zone
AUD/USD hovers at 0.68085 below trendline and Ichimoku cloud. Analyst flags 0.68344–0.68411 as the key zone deciding bottom or bu…
Dollar Index Holds Near 103.17 as Treasury Yields Push Past 5%
DXY holds near 103.17 as two- and ten-year Treasury yields reach 4.88% and 5.13%, with markets pricing a 50bp Fed hike in Decembe…