XAU/USD unlikely to leave its trading range – Commerzbank
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Gold price is treading water while defending the $2,030 level. Economists at Commerbznka analyze the yellow metal’s outlook. Optimism for rapid interest...
XAU/USD to climb again once remaining rate hike expectations disappear – Commerzbank
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Gold price declined by just shy of 1% last week. Economists at Commerzbank analyze the yellow metal’s outlook ahead of the US...
XAU/USD should succeed in overcoming its all-time high of $2,075 in 2024 – Commerzbank
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Gold price has recovered significantly since autumn last year. Economists at Commerzbank analyze the yellow metal’s outlook. Gold seen trending sideways near...
XAU/USD may have bottomed out at the beginning of the week – Commerzbank
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Gold price shed more than 5% in February. XAU/USD is currently trading at a good $1,840, which puts it around $40 or...
Risk of ‘wrathful Old Testament–style’ reaction from central banks is rising, JPMorgan says
The “gentle and forgiving path” taken by developed-market central banks to rein in inflation over the past year is likely to prove unsuccessful and trigger...
US Dollar to weaken further in 2023 – HSBC
The Federal Open Market Committee (FOMC) voted unanimously to hike by another 50 bps. Economists at HSBC still expect a final 50 bps rate hike by...
‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and...