Optimuss2

Optimuss2 Updated  Sep 23, 2023

⚡️Market news The price of gold initially experienced a significant increase in trading before Wednesday's Fed meeting, rising from the day's opening level of around $1,931.00 to reach a peak of $1,947.00 just below the important level of $1,950.00. XAU/USD dropped to $1,940.00 after the Federal Reserve (Fed) decided to keep interest rates steady at 5.5% for the...

Optimuss2 Updated  Sep 23, 2023

⚡️Market news The US dollar is correcting from a six-month high against its major peers, as the Bank of Japan's (BoJ) stabilization policy brings a sense of calm, lifting the overall mood. of the market. Investor sentiment has been affected by the US Federal Reserve's (Fed) hawkish stance, which suggests a 'higher for longer' view of interest rates. The BoJ...

Optimuss2 Updated  Sep 21, 2023

⚡️Market news The US Dollar Index (DXY) retreated from recent six-month highs, trading lower around 105.20. Gold prices attracted some buying for the third straight day on Monday and gradually rebounded near the $1,930 supply zone during the Asian session. XAU/USD may now be looking to build on the recent decent recovery from the $1,900 round figure. However, the...

Optimuss2 Updated  Sep 20, 2023

⚡️Market news The price of gold has dropped from its two-week high of $1,937 and touched around $1,928 at the beginning of Wednesday as buyers eagerly await the Federal Reserve's decision on interest rates to continue the recent upward trend. ⚡️Optimus's point of view Hello dear friends, let's continue exploring the market together! Currently, the gold market...

Optimuss2 Updated  Sep 20, 2023

⚡️Market news In the context of high oil prices putting pressure on current inflation, full inflation rose to 0.6% in August, so this factor could exert significant pressure on the Fed's policy decisions. It is very possible that the tightening process will not stop at this point and the Fed will continue to maintain a watchful stance and leave open the...

Optimuss2 Updated  Sep 19, 2023

⚡️Market news Today, the OANDA:XAUUSD trading session started with a slight increase in price, reaching the range of $1929-1930, as the US dollar weakened slightly. Meanwhile, the US Dollar Index (DXY), which measures fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), decreased by 0.1% to 105.22 and this supported the price of...

Optimuss2 Updated  Sep 17, 2023

⚡️Market news Gold prices traded firmer on Friday, as policy support measures and strong Chinese business activity data boosted market sentiment and weighed on safe-haven demand for the currency. US Dollar, limiting the currency's recent gains. The People's Bank of China (PBOC) has lowered the Reserve Requirement Ratio (RRR) and the bank's 14-day Reverse Repo...