Dollar Keeps Flying as Gold Consolidates

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/09/22123828/Market-Insights-6.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Gold failed to find direction following the Fed’s hawkish hold that bolstered the Greenback. The yellow metal continued consolidating" decoding="async" srcset="https://assets.iorbex.com/blog/wp-content/uploads/2023/09/22123828/Market-Insights-6.png 750w, https://assets.iorbex.com/blog/wp-content/uploads/2023/09/22123828/Market-Insights-6-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div>
<p>Gold failed to find direction following the Fed’s hawkish hold that bolstered the Greenback. The yellow metal continued consolidating as high Treasury yields weighed on precious metals. With the BoE pausing on their own hikes, what will other central banks decide in the future? Timestamps DXY 01:50 XAUUSD 03:05</p>
<p>The post <a rel="nofollow" href="https://www.orbex.com/blog/en/2023/09/dollar-keeps-flying-as-gold-consolidates">Dollar Keeps Flying as Gold Consolidates</a> appeared first on <a rel="nofollow" href="https://www.orbex.com/blog/en">Orbex Forex Trading Blog</a>.</p>

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