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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
Gold Is Betting $90 Oil Won't Force the Fed Back to Tightening. CPI Is the First Check.

Gold Is Betting $90 Oil Won't Force the Fed Back to Tightening. CPI Is the First Check.

TL;DR: Gold has kept climbing even as Brent rebounded from $70 toward $90, a divergence that reflects markets betting the Fed won't tighten again without proof oil is feeding into core inflation — and Wednesday's CPI is the first test of that bet.

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XAUUSD XAU/USD
Source: Action Forex
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