FOMC meeting minutes draws near, Gold revs near resistance

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 8, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Global Market Dollar vulnerability continues to take center stage within the global currency markets. Sentiment remains bearish for the USD and this may be reflected on the Dollar Index which has declined to a new daily low of 95.09. A dovish tone from the FOMC meeting minutes on Thursday may provide additional USD weakness, which should translate to the Dollar Index declining to the next relevant support at 94.00. Following the sharp appreciation experienced within Gold on Wednesday, the

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