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EUR/USD consolidates losses with upside attempts capped below the 1 0700 area

EUR/USD consolidates losses with upside attempts capped below the 1 0700 area
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gold prices: No justifications for gold s recent rally, investors riding on Fed rate cut hope

Gold closed at a record high of $2330 amidst escalating Middle East tensions, positive US economic data, and hints of potential rate cuts by the Fed Chair. Geopolitical tensions and economic indicators will continue to drive market sentiment. . Hotter than expected CPI inflation and contained geopolitical tensions will weigh on the metal. Resistance is at $2360/$2400 and support at $2300/$2250/$2200. A short term correction won t be surprising.

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Breitbart Business Digest: The June Rate Cut Dream Just Died

The dream of a June rate cut is dead.

United statesSan franciscoAusten goolsbeeLoretta mesterThomas barkinsaidNeel kasharisaidMichelle bowmanwarnedLori loganRaphael bosticsaidJerome powellMarket committeeBureau of labor statisticsJanuary march employment boom killsJune rate cutFederal open market committeeWall street

Insurrection At The Fed!

Insurrection At The Fed!
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US retail sales fell in October for the first time in seven months

US retail sales fell in October for the first time in seven months
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