US PCE KEY POINTS:August U.S. consumer spending rises 0.4% on a monthly basis versus 0.2% expectedCore PCE, the Fed’s favorite inflation gauge, increases 0.6% month-on-month, compared to a forecast of 0.5%. Meanwhile, the...
Gold, XAU/USD, Federal Reserve, Technical Analysis - Briefing:Gold prices flat before the Fed’s preferred inflation gaugeA stronger beat could reimpose hawkish 2023 Fed estimatesThis may hurt XAU/USD as it eyes the 20-day SMA...
It's not what the Federal Reserve does, but what it says it could do in the future that will be most crucial when the central bank ends its two-day meeting Wednesday.The Fed is...
Fed chief Powell sends a ‘forceful’ message about slaying inflationStocks and risk-sensitive currencies tank, alongside yen and goldDollar is the only winner as it hits fresh two-decade highsShock therapyThe Fed chief resorted to...
In the weekend forex report for the week starting August 29, 2022, I first take a deep dive into the Fed Chair Powell Jackson Hole Symposium speech. The chair had a...
