Insights From Analyst

XAU/USD Holds $4,200 Extended Ahead of FOMC

Gold prices continued trading in positive territory around the $4.20 level, driven by market expectations that the Federal Reserve (Fed) will cut interest rates at the December FOMC meeting scheduled for Wednesday. At 10 a.m., gold prices were at $4,201, up 0.07% since opening early Monday trading in the session […]

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Core PCE: US Inflation Expected to Rise 0.2% in September

The Core PCE Report, the Personal Consumption Expenditures Price Index which is the Fed’s measure of inflation, will be released at 11 PM tonight (Friday). According to Forex Factory, the reading for September is expected to rise by 0.2%, the same as before after a delay in the report due to the prolonged government shutdown. The Core PCE is a key focus because it reflects the real price pressures faced by the American people […]

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