Monetary policy will take centre stage in the week ahead as major central banks kick off their first meetings of 2024.

Over the last few weeks, it has been a fierce tug-of-war between the British Pound and the US dollar.

After the spectacular bearish move on Monday 4th December, gold is back in bearish territory.

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!