Disliked{quote} With cpi predicted to slow further in July and consumer sentiment positive means a happy consumer. Fed still sees only one hike for 2026. Businesses will hire more people hence a better NFP for July to adress a increase in backlog of orders and low customer inventoriesIgnored
These aspects are also confirmed by the Beige Book.
Attached Image (click to enlarge)
News moves the price in a certain direction. But today, did the price of gold follow the direction of the news regarding the USD? {image}