Gold Is Waiting on Something Bigger Than Friday’s US CPI
Friday’s US CPI can push Gold toward either edge of its 4,230–4,697 range, but the Fed’s expected rate peak, oil’s physical normalization, and the Dollar debasement trade are all bigger stories than one inflation print — and only those can actually break the range.
EUR/GBP at 0.8610: ECB Projections, Not the Hike, Hold the Key
Thursday’s ECB hike to 2.50% is almost fully priced, but economists overwhelmingly expect it to be the last move while markets price roughly two more hikes within a year — and EUR/GBP is testing a major resistance cluster at 0.8610–0.8617 at exactly the moment that disagreement needs resolving.
Four Failed Breakouts: Why Dollar, Treasury Yields and Dow Still Can’t Commit
A week of strong catalysts — a hawkish jobs report, Trump’s renewed pressure on the Fed, Yen strength, and geopolitical risk — left the Dollar, Treasury yields, and the Dow all testing key levels without breaking them, setting up September 11’s CPI report as the release that could finally force a resolution.
NFP Blows Past Forecasts—So Why Is Dollar Rebound Still Restrained?
Dollar rebounded after August nonfarm payrolls jumped from a revised 21K in July to 162K, nearly three times the 58K consensus, while June and July were revised up a combined 55K. Yet September Fed hike probability only edged up to around 60%, and Treasury yields have yet to decisively break key resistance levels.
