Gold price (XAU/USD) trades on a negative note on Wednesday after retreating from a record high on Monday.
Gold price trades with mild negative bias in Wednesday’s early Asian session. The cautious approach from Fed officials weighs on precious metals. Gold traders will monitor the FOMC Minutes andFed’sGoolsbee speech. Gold price trades on a negative note on Wednesday after retreating from a record high on Monday.
Further south, the downside target to watch is a high of May 10 of $2,378, followed by the 100-period EMA of $2,364. US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.03% -0.03% -0.03% -0.03% 0.03% -0.13% -0.03% EUR 0.03% -0.03% -0.01% -0.01% 0.07% -0.10% 0.01% GBP 0.03% 0.01% 0.01% 0.00% 0.06% -0.10% 0.01% CAD 0.04% 0.02% 0.02% 0.00% 0.
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