Tuesday, 30 November 2021

Gold Prices Sink as Powell’s Pivot Lifts Treasury Yields. Will XAU/USD Go Lower?

Gold prices moved lower on Fed Chair Jerome Powell changing tack around transitory inflation to push Treasury yields higher. Will XAU/USD weaken further?

from DailyFX - Market News https://ift.tt/3o7KFQ5
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...