After the explosive price action last week, gold kicked off Mo | FXTM Forex Market News
After the explosive price action last week, gold kicked off Monday on a calmer note.
A softer dollar and easing Treasury yields attracted bulls into the vicinity. However, upside gains were capped by hawkish comments from Fed Governor Christopher Waller over the weekend who supported another 75-basis point rate increase at the Fed’s July meeting. This was based around economic data matching his expectations.
Read More (https://www.forextime.com/market-analysis/trade-week-gold-waits-another-directional-catalyst)
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