Gold prices may fall – making good on technical clues pointing to topping – as the Federal Reserve shies away from endorsing the markets ultra-dovish policy outlook.
Crude oil prices broke resistance capping them since April, buoyed by a dovish Fed and a sharp drop in inventories. Surly OPEC commentary may not cool the rally.
Gold prices edged past two-month support before much-anticipated Congressional testimony from Fed Chair Powell and the release of June FOMC meeting minutes.
Crude oil prices may retreat as market-wide risk appetite cools before much-anticipated testimony from Fed Chair Powell and the release of June FOMC meeting minutes.
Crude oil prices may turn lower if worried comments from Fed Chair Jerome Powell spook markets even as scope for a more dovish policy outlook is diminished.
Crude oil prices may fall further after hitting a four-month low as Fed Chair Powell talks down imminent rate cut speculation, souring investors mood market-wide.
The Australian Dollar may trim gains scored courtesy of the federal election outcome while the anti-risk Yen gains as comments from Fed Chair Powell spook markets.
The Yen and US Dollar may rise as Fed Chair Powell stokes rate hike bets and sours risk appetite. The British Pound is eyeing comments
Crude oil and gold prices may fall if Congressional testimony from Federal Reserve Chair Jerome Powell lifts the US Dollar.
The anti-risk Yen fell while the Aussie Dollar rose with stocks on hopes for a US budget deal avoiding another government shutdown. Potent headwinds loom