United States Monthly Budget Statement registered at $-314B, below expectations ($-301.05B) in November

Dec 12, 2023

EUR/USD struggling to develop a foothold over 1.0800 as Fed rate call looms ahead

EUR/USD climbed in early Tuesday trading before slipping back below 1.0800, driven back after US Consumer Price Index (CPI) inflation came in as markets forecast, showing an ongoing gradual easing of price growth in the US.

Gold Price Forecast: XAU/USD tumbles after hitting daily high near $2000, eyes on Fed decision

Gold price lost its bright after hitting a daily high of $1996.73, though it dropped in the aftermath of a softish inflation report in the United States (US), ahead of the upcoming Federal Reserve (Fed) monetary policy decision.