XAUUSD : Gold is creating an all-time record for himself
Updated
The US Dollar Weakens, While Gold and Bitcoin Reach New Highs Ahead of NFP Report.
In a speech before the Senate Banking Committee yesterday, Fed Chairman Jerome Powell hinted that interest rates may soon fall, saying, "If the economy performs as expected, the Fed is cautious about easing loosen monetary policy in the near future", and he also added: "The Fed is waiting to be confident that inflation will stabilize at 2%. When we have that confidence it will be The right time to reduce interest rates to prevent the economy from falling into recession."
Previously, yesterday the ECB decided to keep interest rates unchanged as expected by the market. Speaking at the press conference after the meeting, ECB President Christine Lagarde also emphasized that interest rate cuts will happen soon in the future when more important macroeconomic data becomes available.
In a speech before the Senate Banking Committee yesterday, Fed Chairman Jerome Powell hinted that interest rates may soon fall, saying, "If the economy performs as expected, the Fed is cautious about easing loosen monetary policy in the near future", and he also added: "The Fed is waiting to be confident that inflation will stabilize at 2%. When we have that confidence it will be The right time to reduce interest rates to prevent the economy from falling into recession."
Previously, yesterday the ECB decided to keep interest rates unchanged as expected by the market. Speaking at the press conference after the meeting, ECB President Christine Lagarde also emphasized that interest rate cuts will happen soon in the future when more important macroeconomic data becomes available.
Note
Buy 2185 - 2188TP1 : 2195
TP2 : 2200
TP3 : 2205
TP4 : 2210
TP5 : 2218
SL 2175
Note
Buy limit 2179 - 2181 TP1 : 2185
TP2 : 2190
TP3 : 2195
SL 2175
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