MARKET WEEK AHEAD: GOLD POPS, US DOLLAR DROPS, GBP/USD AND EIR/U
The US dollar continues its move as traders price in an aggressive series of rate cuts next year. US Treasury yields are falling, leaving the US dollar at risk against a range of other currencies. Thursday’s US GDP figures missed expectations, as did Friday’s core PCE readings. Both of these releases underpinned the US dollar move lower.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.