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Gold, XAU/USD, US Dollar, China, Crude Oil, RBA, AUD/USD, ECB, EUR/USD - Talking PointsThe gold price appears to be looking for direction with volatility rolling overThe RBA kept its cash rate at 4.10% and traders sold AUD/USD on the…

US Dollar, DXY Index – Outlook:The Fed kept interest rates on hold but projected two additional rate hikes in 2023 and not rate cuts until 2025.However, the market is pricing in one more rate hike this year and rate cuts as soon as next…

Gold Price (XAU/USD) Analysis and Chart• Gold prices have fallen since the Fed’s call• The market still has higher interest rates on its mind, and not only in the US• Still, it may have suffered enough for the short term. Recommended…

ISM SERVICES KEY POINTS:U.S. ISM Services PMI falls to 50.3 in May from 51.9 previously, well below expectationsThe new orders index declines sharply, the employment indicator dives into contraction territoryThe U.S. dollar, as measured…

ISM MANUFACTURING KEY POINTS:Manufacturing activity edges down to 46.9 in May from 47.1 previously, slightly below expectationsNew orders sink, whereas the employment and production indices offset weakness in other components of the ISM…

Share: USD/MXN eyes its first weekly gain since April 28, currently trading at 17.7767, as risk-off…

FED DECISION KEY POINTS:The Fed votes to raise its benchmark rate by 25 basis points to a range of 5.00% to 5.25%, a move broadly consistent with market expectationsThe decision to push ahead with another hike is part of the efforts to…

GOLD PRICE FORECAST:Gold prices begin the week on the back foot, undermined by rising U.S. yieldsThe Fed’s monetary policy decision will take the spotlight on WednesdayThis article looks at key technical levels to watch on gold…

USD/CAD ANLAYSISCanada’s inflation report aided the loonie against the USD.Chinese GDP endorsed the crude oil rally, leaving the CAD bid for most of the European session.Key technical zone being tested with breakout potential. Trade…

GBP/USD, BRITISH POUND - Technical Outlook:GBP/USD’s broader trend remains up.However, some softness in the pair can’t be ruled out ahead of key UK dataWhat are the signposts to watch? Recommended by Manish Jaradi…