Gold Price Forecast: XAU/USD approaches $1,807 hurdle ahead of United States Nonfarm Payrolls – by anilpanchal7 Gold XAUUSD NFP Fed SEO
yellow metal portrays the market’s cautious mood ahead of the key catalysts. Also likely to have probed the Gold buyers could be the recently mixed updates from the Fed, as well as the data from the United States.The dovish bias of the Federal Reserve Chairman, as well as downbeat comments from US Treasury Secretary Janet Yellen, initially raised hopes of easy rate hikes.
It’s worth noting, however, that the Bank of Japan’s hints of adjusting the easy money policies seemed to have challenged the bond yields of late amid fears of less demand from the biggest customer in Asia. Forecasts suggest that the headlines Nonfarm Payrolls is likely to ease with a 200K print versus 261K prior while the Unemployment Rate could remain unchanged at 3.7%. It should be noted that a likely easing in the Average Hourly Earnings for the stated month could also weigh on the Gold price.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Gold Price Forecast: XAU/USD eases from two-week high, holds above $1,750 ahead of PowellGold price gains strong positive traction for the second successive day and climbs to a two-week high, during the early North American session on Wedn
Consulte Mais informação »
Gold Price Forecast: XAU/USD bulls eye $1,787 ahead of Federal Reserve’s favored inflation numberGold Price Forecast: XAU/USD bulls eye $1,787 ahead of Federal Reserve’s favored inflation number – by anilpanchal7 Gold XAUUSD Fed Inflation SEO
Consulte Mais informação »
Gold Price Forecast: XAU/USD perks up on Fed Powell dovish speechGold price is rising because of a dovish speech by Federal Reserve's Jerome Powell on Wednesday that sunk the US Dollar. At the time of writing, Gold
Consulte Mais informação »
Gold Price Forecast: XAU/USD eyes a consolidate phase as 200DMA caps – Credit SuisseGold remains capped by the 200-Day Moving Average (DMA) at $1,797. Strategists at Credit Suisse expect a consolidation phase to emerge from here. Brea
Consulte Mais informação »
Gold Price Forecast: XAU/USD bulls seek validation from $1,760 and Fed Chair PowellGold price (XAU/USD) picks up bids to refresh intraday top near $1,755 heading into Wednesday’s European session. In doing so, the precious metal pric
Consulte Mais informação »
Gold Price Forecast: XAU/USD to yield a triangle breakout on dovish Powell’s speechGold price is looking to build on Tuesday’s recovery gains above $1,750. Federal Reserve Chair Jerome Powell’s speech is set to hog the limelight. XAU
Consulte Mais informação »