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US PPI data exceeded expectations, with the US dollar rebounding significantly Gold under pressure and falling consolidation

US PPI data exceeded expectations, with the US dollar rebounding significantly Gold under pressure and falling consolidation

Market digestion of US CPI data, US dollar fell yesterday Gold price rose up and waiting for the data release

Market digestion of US CPI data, US dollar fell yesterday Gold price rose up and waiting for the data release

US CPI data hits expectations of rapid interest rate cuts, causing a slight increase in the US dollar The gold prices rose back about $30

US CPI data hits expectations of rapid interest rate cuts, causing a slight increase in the US dollar The gold prices rose back about $30

The US dollar's trend shifted, Gold stays robust from rate cuts, and traders prep for US CPI.

The US dollar's trend shifted, Gold stays robust from rate cuts, and traders prep for US CPI.

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WARNING and please be advised:

It has come to our attention that a number of unauthorised firms /individuals have cloned our website content, logo and social media pages of CWG Markets Limited. Please be advised that these unauthorised firms have also been contacting consumers via various messaging apps such as WhatsApp, Facebook, Wechat.It should be noted that there is no connection whatsoever between the CWG Markets Limited, an authorised firm, and the unauthorised entities/ individuals that have cloned our details. If you’ve been scammed or contacted by an unauthorised firm / individuals – or a firm you suspect is not legitimate – you can report to us [email protected]

CFDs (Contract For Difference) are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks and take appropriate care to manage your own risk. Please read our Risk Disclosure carefully.