Tag Archives: InterestRate

US Dollar Index aims an establishment above 105.00 as Fed rate hike ghost returns

The DXY is hoping for a break above 105.20 on advancing hawkish Fed bets. Investors are ignoring the one-time slowdown in the US Inflation rate. A higher US Michigan CSI will strengthen the DXY bulls further. The US dollar index (DXY) extended its gains to near 105.20 after sensing an intense buying interest while revisiting… Read More »

AUD/NZD sees downside below 1.0300 on hawkish RBNZ bets

AUD/NZD is expected to display significant losses after surrendering the cushion of 1.0300. The RBNZ is likely to announce a half-a-percent rate hike for the fourth time consecutively. A lower Australian Consumer Inflation Expectations print has failed to support aussie bulls. The AUD/NZD pair has turned sideways at around 1.0400 after a downside move from… Read More »

Gold Price Forecast: XAU/USD slips below $1,790 as DXY extends recovery, Michigan CSI eyed

Gold price has slipped to near $1,785.00 as the DXY has advanced above 105.00. The precious metal has shifted into a healthy correction phase. A little higher consensus for Michigan CSI has supported the DXY bulls. Gold price (XAU/USD) has dropped to near $1,785.00 after surrendering the critical support of $1,788.00 in the Asian session.… Read More »

AUD/NZD oscillates below 1.0600 ahead of Aussie Consumer Inflation Expectations

AUD/NZD is auctioning a marked territory as investors await Australian Consumer Inflation Expectations. Aussie Inflation Expectations are likely to remain higher due to the unavailability of a downside signal. The RBNZ has already raised its OCR to 2.5% to combat price pressures. The AUD/NZD pair is displaying back and forth moves below the critical hurdle of… Read More »