The dollar fell due to renewed bets for a 50 bps September Fed rate cut. Several Bank of Japan policymakers drummed up support for more rate hikes. Investors will focus on the FOMC and BoJ policy meetings. The USD/JPY weekly forecast indicates a potential collapse if the Fed cuts by 50-bps and the Bank of...
News outlets reported that a 50 bps Fed rate cut next week was a close call. Gold traders cheered the likelihood of an aggressive policy easing. The likelihood of a 50 bps September Fed rate cut increased to 45%. The gold price analysis indicates a sudden surge in bullish momentum as the yellow metal benefits...
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