
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Focus On Bond Buybacks
Silver and platinum gained strong upside momentum in today's trading session.
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Silver and platinum gained strong upside momentum in today's trading session.

Pound Sterling Price News and Forecast: GBP/USD catches bid as Oil-USD link breaks ahead US CPI

Gold bulls defy US yield spike as Treasury buyback nears

U.S. dollar is losing some ground as traders worry that debt markets get out of control.

USD/JPY has plunged nearly 7% from the highs, with momentum stretched and major support looming ahead of CPI and next week's.

The next week is massive as US inflation data leads into an FOMC rate decision with high probability of a rate hike. Higher U.

Canadian bank strategists expect USD/CAD rallies to attract sellers, with support near 1.3720 ahead of a possible retreat towards 1.3500-1.3550. The US Dollar to Canadian Dollar (USD/CAD) exchange rate edged higher on Wednesday after two consecutive daily declines, as traders assessed fresh US restrictions on Canadian goods.

British Pound: BoE tightening expectations lend support against US Dollar – Scotiabank

Gold: Inflation data key catalyst – TD Securities

Gold rose as yen-led dollar weakness drew overseas buyers, but oil above $100 and firm Treasury yields keep the Fed risk alive.

Euro dollar technical analysis across four time frames, where the recovery is holding and the level that would break the trend. Michael Boutros, StoneX Media Senior Market Analyst, walks through the euro dollar chart structure from the monthly down to the four hour time frame.

Euro: Hawkish ECB hike expected to support EUR against US Dollar – Scotiabank

Silver price rebounds as US Dollar weakness clashes with rising rate expectations

Gold struggles for momentum near $4,500 as rising U.S. rates and major central bank and inflation decisions keep traders cautious.

Silver remains range-bound between $65 and $70 as traders await PPI, CPI and the Fed, with $68 acting as near-term resistance.