PCE Price Index
2 STORIESFORECASTS1H
Gold Retreats as Hotter PCE Reading Revives Fed Rate-Hike ConcernsGold, silver and platinum moved lower as traders reassessed the Federal Reserve outlook following a higher-than-expected PCE Price Index reading. Rising Treasury yields and a firmer U.S. dollar added pressure across precious metals, while key technical levels now frame the next moves.
FORECASTS3H
U.S. Dollar Climbs as PCE Inflation Holds at 3.7%, Pressuring Major FX PairsThe U.S. dollar strengthened as traders reacted to hotter-than-expected PCE inflation and firmer U.S. income and spending data. EUR/USD and GBP/USD retreated, while USD/CAD and USD/JPY gained as rate expectations and Treasury yields supported the greenback.