DailyFX - Forex Market News
Gold achieved another all-time high as silver surpassed highs not seen since 2013. The precious metals eased thereafter as Fed officials distance themselves from rate cuts
Outlook on FTSE 100, DAX 40 and S&P 500 amid BoE and Fed talk
The week has got off to a subdued start for EUR/USD, with the Dollar likely to set the trading pace
AUD/USD bullish potential remains, and AUD/NZD bounces off a zone of support ahead of the Reserve Bank of New Zealand’s rate announcement and RBA minutes
The U.S. economic calendar will be relatively quiet in the coming week, allowing recent market movements to potentially consolidate. Meanwhile, the release of April inflation data in the UK could introduce increased volatility to UK assets.
The article examines the short-term outlook for the U.S. dollar, honing in on two key FX pairs: EUR/USD and GBP/USD. The piece also provides analysis on recent price action dynamics and fundamental drivers.
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