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Monthly Archives: June 2024

Gold Edge Higher On Soft Dollar

Written on June 26, 2024 at 6:25 am, by

Market Summary The dollar has eased from its bullish trend, which was fueled by upbeat PMI readings last Friday. Apart from Friday’s PCE reading, traders are also keeping an eye on Wednesday’s U.S. 5-year note auction to gauge market sentiment toward the Fed’s upcoming monetary policy and its implications for the dollar’s strength. On WallContinue Reading

Gold Edge Higher On Soft Dollar

Written on June 26, 2024 at 6:24 am, by

Market Summary The dollar has eased from its bullish trend, which was fueled by upbeat PMI readings last Friday. Apart from Friday’s PCE reading, traders are also keeping an eye on Wednesday’s U.S. 5-year note auction to gauge market sentiment toward the Fed’s upcoming monetary policy and its implications for the dollar’s strength. On WallContinue Reading

Gold Edge Higher On Soft Dollar

Written on June 26, 2024 at 6:24 am, by

Market Summary The dollar has eased from its bullish trend, which was fueled by upbeat PMI readings last Friday. Apart from Friday’s PCE reading, traders are also keeping an eye on Wednesday’s U.S. 5-year note auction to gauge market sentiment toward the Fed’s upcoming monetary policy and its implications for the dollar’s strength. On WallContinue Reading

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