Gold Prices Muted As Investors Remain Cautious About Fed’s Interest Rate Cut Prospects
Gold prices were flat on Wednesday as investors assessed prospects of slower monetary easing by the US Fed.
Sensex Today Trades Lower; Nifty Below 23,700
Indian share markets are trading on a negative note today with the Sensex trading 181 points lower and Nifty trading 41 points lower.
FX Daily: US Inflation Concerns Return
The dollar is receiving some fresh support from data, particularly from the spike in the ISM services prices paid sub-index in December.
Elliott Wave Technical Analysis: Euro/U.S. Dollar - Wednesday, Jan. 8
The Euro to U.S. Dollar currency pair is currently in a counter-trend corrective phase.