{"id":142346,"date":"2023-09-01T19:51:16","date_gmt":"2023-09-01T14:21:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=142346"},"modified":"2023-09-01T19:51:16","modified_gmt":"2023-09-01T14:21:16","slug":"xau-usd-in-the-crosshairs-ahead-of-powells-speech-tds-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xau-usd-in-the-crosshairs-ahead-of-powells-speech-tds-crypto-news\/","title":{"rendered":"XAU\/USD in the crosshairs ahead of Powell&#8217;s speech \u2013 TDS &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Gold holds steady above $1,910 ahead of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/fed\">Fed<\/a> Chair Powell\u2019s opening remarks at Jackson Hole. Economists at TD Securities analyze the yellow metal\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">A hawkish narrative may already be baked in<\/h2>\n<blockquote>\n<p>Gold markets are in the crosshairs ahead of Chair Powell&#8217;s speech at the Jackson Hole symposium.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Markets aren&#8217;t expecting a change in tone, suggesting that a hawkish narrative may already be baked in. Still, markets are only penciling in 14 bps of hikes by November, and still expect more than 100 bps of cuts in 2024, suggesting that the Chair can still spark some repricing associated with the &#8216;higher for longer&#8217; view of rates markets.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>That being said, the resilience in Gold prices against a strengthening broad USD and as rates melt higher suggest that physical demand may once again be providing a notable offset to global macro forces.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Gold holds steady above $1,910 ahead of Fed Chair Powell\u2019s opening remarks at Jackson Hole. Economists at TD Securities analyze the yellow metal\u2019s outlook. A hawkish narrative may already be baked in Gold markets are in the crosshairs ahead of Chair Powell&#8217;s speech at the Jackson Hole symposium.\u00a0 Markets aren&#8217;t expecting a change in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,366,484,255,684,250,252,247,253,249,256,254,485],"class_list":["post-142346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","tag-gold","tag-gta","tag-interestrate","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress","tag-xauusd"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=142346"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142346\/revisions"}],"predecessor-version":[{"id":142347,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142346\/revisions\/142347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/5240"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=142346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=142346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=142346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}