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Gold shrugs off Fed hike as falling yields reopen path to $4,400
USD/JPY remains the center of the FX market and after yesterday's hawkish hike from the FOMC, the pair extended it's recent rally to run above the 155.00 level.
Silver and platinum also gained strong upside momentum.
Sterling has come under heavy pressure following last month's rejection from major resistance, with the decline gathering momentum through September. The latest move has materially weakened the near-term technical picture and brought GBP/USD to an important inflection point where the bears will need further confirmation to sustain the decline.
Silver is the metal the Copper rebound left behind
Copper producers answered a price near $14,000 a tonne by making more copper in the first half of 2026, and the way they did it means the silver shortfall gets no relief from the mines that supply more than a quarter of the world's silver.
Pound Sterling Price News and Forecast: GBP/USD loses its footing as BoE hold meets Fed hike
USD/CHF Price Forecast: RSI nears overbought territory
The American currency is losing ground as traders take some money off the table after the strong move.
Gold prices rallied sharply today, reversing yesterday's losses and some. It is quite common for markets to reverse the FOMC-.
Euro gains against US Dollar as post-Fed rally loses momentum
Gold reclaims its 50-day EMA as the U.S. 10-year yield retreats from 5%, though weak momentum keeps $4,500 resistance in focus.
NZD/USD Elliott Wave: Price reaches an extreme zone from the 0.5897 peak
Canadian Dollar remains under pressure as USD/CAD flirts with 1.4000
Silver trades near $66 as falling U.S. rates offer support, while $60–$70 continues to define the broader range.
