Day: March 7, 2023

Gold and silver suffered heavy losses on Tuesday as rate-sensitive assets took a beating following Fed Chairman Powell’s hawkish comments at a congressional hearing.

The greenback received fresh impetus following Fed Chair Powell’s testimony. USDCAD finally clearing the range high at 1.3700 which has been a key area of …

The US dollar extended gains after Powell embraced a hawkish stance in an appearance before Congress, stating that the Fed’s terminal rate is likely to …

Gold prices test $1,840 as markets await Fed Powell’s monetary policy report.

Hawkish rate expectation re-pricing is supporting the Euro ahead of Federal Reserve chair Jerome Powell’s appearance before US lawmakers, for now.