United States API Weekly Crude Oil Stock climbed from previous 0.939M to 1.837M in December 22

Dec 27, 2023

Gold Price Forecast: XAU/USD leaps high amid dovish Fed bets, US yields hit multi-month lows

In Wednesday's session, the XAU/USD Gold Spot price jumped towards $2,070, marking a 0.50% gain.

USD/JPY drops through 142.00 as US Dollar sells off

The USD/JPY fell nine-tenths of a percent on Wednesday as the market leans into bets that the Federal Reserve (Fed) will get pushed into a faster pace of rate cuts in 2024, with some investors expecting rate cuts to begin as soon as next March.