iFOREX Daily Analysis - 14/09/2017 Read more >> http://bit.ly/2eXh0or Gold/USD traded lower on Wedn

iFOREX Thu, 09/14/2017 - 05:50

iFOREX Daily Analysis - 14/09/2017
Read more >> http://bit.ly/2eXh0or



Gold/USD traded lower on Wednesday, making it the third day in a row gold is retreating this week.
Gold was affected by the overwhelmingly strong US Dollar, making gold a more expensive investment to holders of currencies other than the US dollar. The now achieved more-or-less consensus situation surrounding North Korea by the US, China and Russia also reduced demand for the safe haven.
The yet to be published US inflation and jobless data on Thursday could give further insight into the possible decision of the Federal Reserve regarding a rate hike this year and thus also influence the demand for gold.

iFOREX Daily Analysis - 14/09/2017
Read more >> http://bit.ly/2eXh0or
Gold/USD traded lower on Wedn