Market update: US dollar surges as Powell takes hawkish stance - examining trading opportunities in EUR/USD, USD/JPY, AUD/USD, and gold in Market News A group blog by IG in General Posted November 10, 2023 The analysis of gold price movements seems to be devoid of any idea what moves the market. If interest rates are likely to rise or remain high for longer, them that makes gold expensive to hold and the price will fall. 1
Market update: US dollar surges as Powell takes hawkish stance - examining trading opportunities in EUR/USD, USD/JPY, AUD/USD, and gold
in Market News
A group blog by IG in General
Posted
The analysis of gold price movements seems to be devoid of any idea what moves the market. If interest rates are likely to rise or remain high for longer, them that makes gold expensive to hold and the price will fall.