Gold Price Forecast: XAU/USD bulls attack $2,000 amid banking, United States default woes Gold XAUUSD SEO Banks RiskAversion
its from the risk aversion wave, mainly led by the fresh banking fears and woes surrounding the United States debt ceiling expiration, as well as the Federal Reserve’s policy pivot. It’s worth noting that the XAU/USD run-up pays little heed to the US Dollar’s recent recovery ahead of the US Durable Goods Orders for March.Gold price rises for the third consecutive day inside a one-month-old bullish trend channel as downbeat sentiment provides a tailwind to the XAU/USD’s haven demand.
On Tuesday, the First Republic Bank’s disappointing earnings reports joined the executives’ resistance in taking questions and no earnings guidance to trigger a fresh wave of banking jitters. Even so, the major central banks tried to restore market confidence by curtailing the US Dollar operations initiated during the first wave of the banking crisis. “The world's top central banks are cutting the frequency of their dollar liquidity operations with the U.S.
Apart from the banking crisis, fears of US debt ceiling expiration also weigh on the risk appetite as the current limit expires in June.
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 struggles below $1,980 level amid modest US Dollar strengthGold Price Forecast: XAU/USD struggles below $1,980 level amid modest US Dollar strength – by hareshmenghani Gold Commodities Fed RiskAversion XAUUSD
Consulte Mais informação »
Gold Price Forecast: XAU/USD trading flat, poised for potential gains amid light US economic agendaGold Price Forecast: XAU/USD trading flat, poised for potential gains amid light US economic agenda – by christianborjon Gold XAUUSD Commodities Metals
Consulte Mais informação »
Gold Price Forecast: XAU/USD approaches $2,000 amid downbeat United States Treasury bond yields, US DollarGold Price Forecast: XAU/USD approaches $2,000 amid downbeat United States Treasury bond yields, US Dollar Gold SEO XAUUSD RiskAppetite YieldCurve
Consulte Mais informação »
Gold Price Forecast: XAU/USD volatile, between stronger Dollar and lower Treasury yieldsGold price rebounded sharply during the last hour, rising more than $10. XAU/USD bottomed at $1,975 and then jumped to $1,994. As of writing, it trade
Consulte Mais informação »
Gold Price Forecast: XAU/USD surges to weekly high above $2000 amidst deteriorating risk appetiteGold Price Forecast: XAU/USD surges to weekly high above $2000 amidst deteriorating risk appetite – by christianborjon Gold XAUUSD Commodities Metals
Consulte Mais informação »
Gold Price Forecast: XAU/USD sustains above $1,980.00 as USD Index turns subdued despite hawkish Fed betsGold price (XAU/USD) is holding its auction above the critical support of $1,980.00 in the Asian session. The precious metal is struggling around $1,9
Consulte Mais informação »