Gold extends fall on stronger dollar, Fed rate-hike worries - Business News, Finance News, Share Market News - Market trendz

Post Top Ad

Tuesday 16 August 2022

Gold extends fall on stronger dollar, Fed rate-hike worries

Investors now await minutes from the Fed's July meeting on Wednesday for clues on further rate hikes. Traders were pricing in around a 36.5% chance of a 75-basis-point rate hike by the Fed in September and a 63.5% chance of a 50 bps increase.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad