Gold prices were steady on Thursday ahead of a key US inflation report that may influence expectations around when the Federal Reserve will cut interest rates this year.
Mid-Week Technical Outlook: NQ100_m waits on Fed rate decision
The NQ100_m jumped to a fresh 2023 high in the previous session after signs of slowing inflation supported hopes around the Fed cutting interest rates next year.
Some of the world’s largest central banks are set to make their final rate decisions for 2023. Given how this will be topped off with ‘Triple witching day’ for US markets, it may be wise to fasten your seatbelts for a wild ride!
Gold prices were steady on Thursday ahead of a key US inflation report that may influence expectations around when the Federal Reserve will cut intere...
The NQ100_m jumped to a fresh 2023 high in the previous session after signs of slowing inflation supported hopes around the Fed cutting interest rates...