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Gold: Holds Steady Ahead of Fed Decision – Will $3,500 Break?
As you can see, the gold market has gone back and forth during the bulk of the trading session here on Tuesday. We are sitting just below the 50 day EMA. If we can break above the 50 day EMA, I think that's a very bullish sign. We formed an inverted hammer during the Monday session. But I think the biggest problem we have here is the fact that it's the Federal Reserve interest rate decision on Wednesday that the market is waiting for. In other words, we don't really have anywhere to be, at least not until we get past that. Once we get past the press conference, the interest rate statement, and of course the decision, ... (full story)
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Umarch10
Jul 30, 2025 6:39am
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From fxempire.com | Jul 29, 2025
The resolution of the US-EU trade dispute has pushed gold (XAUUSD) prices lower. As market fears of increased uncertainty faded, the safe-haven demand for gold dropped. The gold price has fallen by more than $100 after reaching a peak of $3450. A stronger US Dollar added pressure on gold. As the US Dollar appreciated significantly, it reduced gold’s appeal ...
The United States Federal Reserve is set to announce its interest rate decision later today, with analysts predicting that rates will remain in the current range of 4.25% and 4.50%, amid persisting uncertainty surrounding the impact of tariffs on global trade. US President Donald Trump has repeatedly attacked Fed Chair Jerome Powell for not lowering the ...
Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectati FOMC STATEMENT COMPARE: pic.twitter.com/3wayLXzIBa FOMC: VOTED 9-2 FOR FED FUNDS RATE ACTION Fed Governors Waller and Bowman dissented, preferring to lower the funds rate by a quarter of a percentage point. THE FEDERAL RESERVE KEPT ITS BENCHMARK INTEREST RATE STEADY AT 4.25–4.50%, NOTING ELEVATED ECONOMIC UNCERTAINTY, SLOWING GROWTH IN H1 2025, AND PERSISTENT INFLATION. || DESPITE A STRONG LABOR MARKET AND LOW UNEMPLOYMENT, FED GOVERNORS WALLER AND BOWMAN DISSENTED, FAVORING A 25BPS…
