The gold has made a perfect retest, but will it hold against the rising dollar? Also, the Jackson Hole Symposium and Jerome Powell's speech may become critical for most assets, and finally, more economic releases and earnings reports await you.
US Dollar Peaks, Gold in Focus, and Stocks Prepare for Worst on September 5-9
The Federal Reserve speeds up its quantitative tightening, and this is certainly bullish news for the USD. At the same time, this is a negative factor for the American stocks, which have entered their seasonally worst month. At the same time, gold seems to gain back its strength. Also, the big news is coming for traders of the euro and the Canadian dollar with central banks raising interest rates. For more analytics on your favorite assets, watch the weekly video by FBS!
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