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TrendTamer_Trading Updated 

Gold prices experienced a very volatile trading session, falling near a 6-month low at the close of trading this morning Vietnam time as investors bet on higher interest rates. for a long time in the United States, causing gold bullion prices to lose their appeal. Currently, US gold futures prices have also decreased by 0.7% to 1,878.60 USD. Higher interest rates...

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The dollar has soared in the past week, on expectations that the US economy will remain resilient, after the US Federal Reserve (Fed) last week emphasized that it could raise interest rates further. and is likely to maintain higher interest rates for longer periods of time. “The dollar is benefiting from higher yields,” said Vassili Serebrikov, FX strategist at...

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Although the Fed remains optimistic a soft landing can be achieved, Hansen said the market is giving mixed signals. He noted that the downward trend in the benefit curve continues to point to an impending recession. According to Hansen, the Fed is currently stuck between slowing economic growth and capitalizing on persistently higher inflation versus higher fees....

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The dollar hit a 10-month high against other currencies last trading session, dragging the euro to a nearly nine-month low, as investors bet the US economy will outpace growth. outperform other competitors in a high interest rate environment. The USD price was supported by a strong increase due to the "hawkish" stance of the US Federal Reserve (Fed) on raising...

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Benchmark 10-year Treasury yields continued to rise, reaching their highest level since October 2007, helping maintain the greenback's advance. Positive economic data from the US has helped ease investors' fears about an economic recession, and the US Federal Reserve (Fed) last week emphasized that it could raise interest rates again and potentially maintain...

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Gold slipped from key psychological support below $1,900 an ounce in this bright trading session as the Federal Reserve's hawkish stance continued to boost US left-wing interests. bonds and the USD and erase the bullish trend of the metal markets. Last week, the Federal Open Market Committee (FOMC), the Fed's policy-setting body, decided to keep interest rates...

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Adam Button, Chief Currency Analyst at ForexLive in Toronto (Canada), said: “The story of September was the spike in Treasury yields and the spillover impact on currency markets. Previously, the market had expected economic data to worsen but that was not the case." Minneapolis Fed President Neel Kashkari said on September 26 that there is a 40% chance that the...

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Gold prices on the world market this afternoon (September 27) fluctuated slightly. The world gold spot price stands around 1,897.9 USD/ounce, down 3 USD/ounce compared to this morning. December gold futures traded at 1,915.6 USD/ounce, down 4.2 USD/ounce compared to this morning. Forecasting the gold price trend, some experts believe that the stance of the US...

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Minneapolis Fed President Neel Kashkari said on September 26 that there is a 40% chance that the Fed will need to raise interest rates further to completely address inflation. Data released on July 26 showed that sales of new single-family homes in the United States fell more than expected in August, but the annual pace of US home price growth continued to...

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Chicago Fed President Austan Goolsbee and ECB President Christine Lagarde spoke about interest rates and inflation, reflecting investor sentiment. Goolsbee said inflation remains above the Fed's 2% target and remains a bigger risk than the central bank's tightening policy, which is slowing the economy. Meanwhile, Lagarde said the ECB's record high deposit interest...

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Last week, world gold continued to trade in the neutral zone when the US Federal Reserve (Fed) kept interest rates unchanged at the September monetary policy meeting and signaled the possibility of at least one increase. again in 2023 and that interest rates will need to stay higher for longer. Kitco News' latest gold survey shows that market analysts and retail...

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The Euro is weakening against the USD as the market believes that the European Central Bank may have ended its interest rate hike cycle. While the Fed still depends heavily on economic data and each policy meeting, the ECB has essentially signaled that it is in the final phase of the monetary policy tightening cycle. ECB President Christine Lagarde said that the...

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Chicago Fed President Austan Goolsbee said on September 25 that inflation is still higher than the Fed's 2% target. This is still a bigger risk than the central bank's tightening policy that could slow down the growth momentum of the US economy. In the opposite direction, the Euro fell to 1.05750 USD, the lowest level since March 16. The Euro is weakening against...

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Analysts say the international gold market is stuck between growing economic instability and the monetary policy of the US Federal Reserve (FED). Last week, the FED kept interest rates unchanged at 5.25% - 5.5% but still maintains the view that interest rates will increase by 0.25 percentage points by the end of 2023. After that, interest rates will stand at a...

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The USD reached its highest level in nearly 10 months, so with other currencies, there was a time when the light was 106 during the trading session, after the US Federal Reserve (Fed) announced that it could further increase interest rates and possibly the ability to maintain higher interest rates for longer periods of time. While the Fed remains heavily dependent...

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The hawkish interest rate outlook from the Fed has caused US Treasury bond yields to rise, while boosting demand for the greenback. Chicago Fed President Austan Goolsbee said on September 25 that inflation is still higher than the Fed's 2% target. This is still a bigger risk than the central bank's tightening policy that could slow down the growth momentum of the...

TrendTamer_Trading Updated 

In this afternoon's trading according to Vietnam time, gold fell slightly after a week of gains within the regime, especially in the session after investors evaluated the interest rate decision of the State Federal Reserve. The United States (Fed) ahead of its consumer distribution report later this week. Currently, US futures prices decreased 0.2% to 1,942.30...