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Gold eyes weekly gain, but hawkish Fed outlook limits upside

Gold (XAU/USD) struggles to move above the $4,400 level on Friday as the Federal Reserve’s (Fed) hawkish policy outlook keeps the US Dollar (USD) firmly bid. Still, the metal is on track for its first weekly gain in thr…

Japanese Yen: Dovish BoJ hike keeps Yen vulnerable – ING

ING’s Frantisek Taborsky reports that the Bank of Japan delivered a 25bp hike to 1.25% in a split decision, acknowledging persistent inflation risks but with notable dissent. The Yen weakened after the dovish statement,…

Is XRP Price Preparing For A Bullish Breakout To $11?

A rare chart pattern in XRP’s history is pointing to a number that sounds almost too big to believe, $11, and the analyst behind the call says it’s not a guess, it’s based on math the market has followed before. XRP pri…

FX Outlook: Bank of Japan Plays Catch-Up with the Fed

Based on today’s trading level, EUR/USD would gain 13.5% this year if we are to close at around today’s level, the biggest annual increase since 2017 – coincidentally also the first year of Trump’s first term in office.…

Bank Of Japan Raises Rates To Highest Level Since 1995

The Bank of Japan hiked its policy rate by 25 basis points to 1.25%, the highest since 1995, as elevated inflation continues to pressure the economy. The move marks the shortest gap between rate increases since the BOJ …

Central Banks Are Hiking Again, Yet Gold Keeps Climbing

(Kitco News) – Gold prices saw another dramatic week, as early momentum from dollar weakness and lingering fiscal concerns reversed after Fed Chair Kevin Warsh used his Jackson Hole speech to reinforce the central bank’…