The FOMC Drives Gold as Fed Remains Hawkish!

The FOMC reaffirmed market expectations that the Fed will keep rates higher for longer. With inflation failing to fall fast enough, the Fed reiterated its hawkish outlook. What other markets could be affected as Gold jumps and the dollar drops? Timestamps XAUUSD 01:05 DXY 02:10 Test your trading strategy on forex and stocks with Orbex […] The post The FOMC Drives Gold as Fed Remains Hawkish! appeared first on Orbex Forex Trading Blog.

The FOMC Drives Gold as Fed Remains Hawkish!
The FOMC Drives Gold as Fed Remains Hawkish!

The FOMC reaffirmed market expectations that the Fed will keep rates higher for longer.

With inflation failing to fall fast enough, the Fed reiterated its hawkish outlook.

What other markets could be affected as Gold jumps and the dollar drops?

Timestamps

XAUUSD 01:05
DXY 02:10

Test your trading strategy on forex and stocks with Orbex

The post The FOMC Drives Gold as Fed Remains Hawkish! appeared first on Orbex Forex Trading Blog.