The Australian dollar strengthened sharply, while the AUD/USD pair rose after the RBA meeting ended at the beginning of the month, at which the bank's leaders unexpectedly raised the interest rate by 25 basis points to 4.10%.…
PCE REPORT KEY POINTS:May U.S. consumer spending rises 0.1% m-o-m, one-tenth of a percent below expectationsCore PCE climbs 0.3% monthly, bringing the annual rate to 4.6% from 4.7%, also below estimatesU.S. dollar extends losses following…
Gold Price (XAU/USD) Analysis, Price, and ChartUS PCE print may spark a bout of short-term volatility in the precious metal.Technical support is coming under pressure.
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