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Gold Price Forecast: XAU/USD tumbles toward $1,940 on Fed hawkish skip
With the Fed signaling that more rate hikes are likely, US Treasury bonds tumbled. The 10-year yield jumped from 3.78% to 3.85% and the 2-year from 4.64% to 4.80%. The US Dollar Index recovered from daily losses, rising back to the 103.25 area. Read Full Story at source (may require registration) The post Gold Price Forecast: XAU/USD tumbles toward $1,940 on Fed hawkish skip appeared first on ForexTV...
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Posted: Jun 14 2023, 18:59
Author Name: forextv
Views: 110864