Markets are calm with traders and investors looking ahead to the FOMC minutes later today. A relatively calm trading session today means that market participants are waiting to see what the data would be and get a hint where to head from there. Minutes from 28-29 July FOMC meeting is expected at 6:00 GMT and highly volatile movements can be expected.
Current price of Gold: $1,126/oz.
EURUSD is trading at 1,1030 - 1,1033.
Gold broke above the previous high at 1129.30 and will likely continue climbing.
ReplyDeleteGood infromation, thank you.
ReplyDeleteThanks for the information!
ReplyDeleteGood post.
ReplyDeleteAlways keep eyes on FOMC.
ReplyDeleteEUR/USD jumped after the FOMC meeting.
ReplyDelete