Ad

All posts by FX Street

No Thumbnail

Gold holding above 1290.00 amid USD mild correction

The FOMC’s minutes are likely going to be the next market-mover for gold. It scheduled for Wednesday at 18:00 GMT.  The correction in USD helps gold prices to be supported on Tuesday.   Gold is trading at around $1292.00 a troy ounce virtually unchanged on

cash-345432_Large

GBP/USD reverses a dip to 1.3450, focus shifts to UK CPI

Dovish BOE-speaks and stalled USD selling knocked-off Cable to mid-1.34s. Focus shifts to the UK CPI report due tomorrow for next direction. The GBP/USD pair is seen experiencing good two-way price-movements in the European session, as markets digest the dovish and cautious remarks from the