Gold Drops 1.69% as Fed Rate Hike Bets Lift Dollar, Yields
Gold falls toward six-day lows as Fed repricing drives the Dollar to 13-month highs. XAU/USD faces further downside risk below the 200-day SMA.
Gold falls toward six-day lows as Fed repricing drives the Dollar to 13-month highs. XAU/USD faces further downside risk below the 200-day SMA.
The Bank of Japan raised its policy rate to 1%, a 31-year high, and will pause JGB tapering from April 2027 while warning CPI may overshoot 2%.
ECB Governing Council member Gabriel Makhlouf warned Friday that acting too slowly on inflation would be a mistake. EUR/USD trades 0.15% lower near 1.1560.
Eurozone Sentix Investor Confidence rose to -13.4 in June, beating expectations. Inflation worries remain elevated amid higher energy prices.
US May payrolls surged to 172K, well above the 85K forecast. Prior months were revised sharply higher, adding a net 93K.
Prediction markets set a $29.4B monthly volume record in May. Brokers, market makers, and sportsbooks are all adjusting their strategies in response.
Trade Set Go, the CFD brokerage backed by The5ers founders, has secured a Seychelles licence and begun a soft launch to onboard clients.
AUD/USD resumed its fall from 0.7277, breaking 0.7076. Near-term bias is bearish, targeting 0.6999 with risk to 0.6875.
Putin says it would be efficient for the US to use Russia's LNG technologies in Alaska. Crude oil fell 2.47% to $90.73 on the session.
Moomoo has integrated Kalshi's CFTC-regulated event contracts, letting retail users trade on economic, political, and cultural outcomes alongside equities and E
May US payrolls crushed forecasts, sending Treasury yields and the dollar higher. The ECB is set to hike rates next week amid broadening inflation.