Gold Slips Amid Uncertainty Over Fed Rate Cuts and Weak US Dollar

From Investing.com: 2025-06-27 02:27:00

Gold prices fell by 0.12% despite a weaker USD as investors recalibrate expectations around the Fed’s policy path. Uncertainty persists amidst mixed economic data and central bank commentary. Speculation grows around Trump’s Fed Chair nominee, while Powell hints at potential rate cuts if trade tensions ease. XAU/USD declines as attention shifts to the PCE Price Index report. Euro rises to September 2021 highs on dovish Fed rhetoric, with expectations of looser monetary policy. The EUR/USD outlook remains strong amid speculation and market optimism. Bitcoin trades near $108,000, benefiting from Fed’s dovish stance and growing institutional interest. On-chain data shows robust network health, supporting a bullish long-term thesis for BTC/USD. Market focus on PCE Price Index release for potential impact on Bitcoin prices.



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