Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD

The Fed held borrowing costs unchanged at its March meeting and continued to signal that it would implement three rate cuts this year despite upside inflation risks. This dovish outlook boosted gold prices and the Nasdaq 100.

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Fed sticks to Dovish policy roadmap; setups on gold, EUR/USD, Nasdaq 100

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EUR/USD, GBP/USD, USD/JPY, XAU/USD (GOLD) Weekly Forecast for 20 November to 24 November 2023, by XOXO TraderFX