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Tag: Friday

2025-08-05 18:13:41 admin

US Dollar (DXY) Price Outlook: Will Fed and BLS Data Spark a Sustained USD Recovery?

Key Points:Markets now price in an 84% chance of a September Fed rate cut, with 60 basis points of easing expected by year-end.Trump’s firing of the BLS head and Fed Governor Kugler’s resignation have heightened policy uncertainty and market caution.Technical traders eye the 50-day MA at 98.300 as critical support; a breakdown could trigger a retest of 97.109.Greenback Stabilizes After Friday’s DropThe U.S. Dollar Index (DXY) rose 0.2% to 98.82 on Monday, staging a modest recovery following Frid

2025-08-01 16:23:00 admin

XAUUSD Gold and Silver Price Forecast: Triangle Breakdown Signals and Correction Trading Strategies | FXEmpire

Gold breaks below triangle support and appears set to decline further, while silver is correcting from the $39.50 resistance and seeking support for the next rally.Gold (XAUUSD) continues to drop from the $3,450 resistance and has fallen to a one-month low. The price dipped below $3,270 on Wednesday, pressured by stronger US economic data and the Fed’s decision to keep rates unchanged. However, buyers returned as safe-haven demand resurfaced, lifting the price back above $3,300. Despite the rebo