Fed Preview: Gold Prices and US Dollar’s Outlook Hinge on Powell’s Guidance

[BECKHAM]

The Fed is expected to raise rates by 25 bp to 5.25%-5.50% at the end of its July meeting, but guidance is likely to be more important to the U.S. dollar and gold's prospects than rate hike itself, which is already fully priced in.

FOR MORE ... (https://www.dailyfx.com/news/forex-fed-preview-gold-prices-and-us-dollar-s-outlook-hinges-on-powell-s-guidance-20230725.html)