Gold (XAU/USD) experienced a slight pullback from two-week highs on Wednesday, trading around $4,145. This decline comes as traders digest a more dovish stance from the Federal Reserve, which influences market sentiment. Earlier in the day, gold had surged, reflecting investor optimism amidst broader economic uncertainties.
Meanwhile, the US Dollar (USD) has staged a rebound, supported by recent economic data. This uptick in the USD exchange rate is affecting various currency pairs, including the EUR/USD, as traders recalibrate their positions in response to shifting economic indicators. The interplay between gold and the USD continues to shape trading strategies in the forex market, highlighting the ongoing volatility.
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Data Source: FX Killer Analysis Team Updated: 2025-11-26 14:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.