Category: Forex News

XAU/USD Stays Below $4,300 on Fed Rate Hike Bets

Gold Price Forecast: XAU/USD Struggles Below $4,300 Amid Growing Fed Rate Hike Expectations

Gold prices (XAU/USD) posted modest gains on Thursday but remained near weekly lows around the $4,220 level. The precious metal initially benefited from optimism surrounding potential peace negotiations involving Iran; however, those gains were quickly erased after the Federal Reserve delivered a more hawkish-than-expected message, reinforcing expectations of additional interest

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forex market news

Forex Market News Today: Traders Focus on the Fed Interest Rate Decision, UK Inflation Data, and Major Currency Movements

Today’s trading session in the forex market is considered very important because several high-impact economic events could influence market direction. Traders and investors are mainly focused on policy announcements from the United States Federal Reserve. Today, the Federal Funds Rate Decision, FOMC Statement, and Economic Projections are scheduled for release,

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