Gold at Risk for Major Break Next Week- FOMC Policy Outlook in Focus Fundamental Forecast for Gold: Neutral USDOLLAR, Gold Setups Target Key Resistance- Breakouts Pending Gold Oscillates Around 200 Day Average Gold prices are marginally higher this week with the precious metal inching up 0.18% to trade at $1291 ahead of the New York close on Friday. Bullion has held a tight range for some time now ...
Forex Weekly Outlook May 19-23 Rate decision in Japan, inflation data in the UK and Canada, FOMC Meeting Minutes, Unemployment Claims, German Ifo Business Climate and US housing data are the main events on our list. Here is an outlook on the main market-movers for this week. Last week, major US figures came out above expectations; Annual inflation reached 2%, as expected and the monthly CPI edged up to 0.3%. Meanwhile, the annual core inflation beat forecasts ...