
Gold expected to trade range-bound despite increasing bets of a Fed rate pause
Gold expected to trade range-bound despite increasing bets of a Fed rate pause
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Gold expected to trade range-bound despite increasing bets of a Fed rate pause

Silver continues to see a lot of noisy and choppy trading. This is a market that continues to watch headlines and the effects of those headlines on interest rates.

Gold: Price holds despite higher yields – Commerzbank

Gold pulls back from major resistance barrier on Tuesday, as we continue to see a lot of interest rate noise as well.

This report provides a financial analysis for the week of August 17, 2026. It covers market expectations ahead of the July FOMC minutes, noting the debate between inflation risks and a cooling labor market.

Market participants are looking ahead to the publication of the July FOMC meeting minutes on Wednesday, August 19, seeking insight into the central bank's debate on future interest rate moves following its 9–3 decision to keep the benchmark target range at 3.50%–3.75%. Although these discussions occurred before the August 7 non-farm payrolls (NFP) report, analysts will examine the text to determine whether persistent inflation risks or cooling labor market momentum—underscored by slowing hiring and an unexpected drop of 23,000 jobs in July—will play a larger role in shaping the Fed's decision at the September meeting.

Euro: Range-bound before FOMC against US Dollar – ING

USD/JPY Price Forecast: Aims to extend rally above 160.00

Silver retreats toward $65 ahead of Fed Minutes as energy tensions cloud outlook

NZD/USD Price Forecast: Kiwi fails to find follow-through above 0.5900

Gold: Higher-rate risk to keep prices range-bound – TD Securities

The Euro managed to resume the advance to close towards the first target at 1.1620. As we see from the chart, prices face support around 1.1470-80 while as long as the market holds above it, the advance may could continue towards 1.1685 and above.

GBPUSD managed to retreat from the 1.3555 resistance as Intraday support remains at 1.3470. As long as the market holds above 1.3470, another advance toward 1.3655 is likely.

The Yen gave back some of its recent advance that was triggered by US and Japanese intervention. The pair printed above the 158.05 resistance which indicated a wider range for rebound towards the 160.85 resistance.

Gold managed to hit a rebound towards 4436 before settling lower. As we see from the chart, the Intraday levels show a support trend around 4382, which still holds the chance for another rebound.