Monday, February 6, 2023

Will Gold breach $1,850 on Fed Chair Powell’s speech?

  
European Session
HOT STORY

Will Gold breach $1,850 on Fed Chair Powell's speech?
 
Gold price is looking to build on the previous recovery gains this Tuesday, as the United States Dollar retreats further from four-week highs against its major peers. Risk sentiment remains in a better spot after setting off the week on a tepid note.

United States Dollar retreats with US Treasury bond yields amid a better mood.

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AUD/USD shoots to near 0.6950 as RBA hikes interest rate by 25 bps to 3.35%
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