Precious Metals Susceptible to Sell-off

View this email online. Precious Metals Susceptible to Sell-off Gold has declined around 2.5% this week in what has been a trying time for the metal which not too long ago was on track to retest the all-time high. READ MORE Market Analysis The British pound kicks off the trading week marginally higher against the US dollar after a significant depreciation last week. READ MORE The U.S. dollar, as measured by the DXY index, recovered this past week after a subdued performance at the outset of the month.  READ MORE The euro has been largely impacted by central bank speakers last week with the Federal Reserve winning the hawkish battle. READ MORE The Bank of Canada Deputy Governor Carolyn Rodgers has been vocal this week following the release of the summary of deliberations.  READ MORE The Consumer Price Index is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. READ MORE GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market.  READ MORE Trading Skills Enhancement TRADING EDUCATION Learn to trade with DailyFX and take your trading knowledge and confidence to the next level. Whatever your trading experience is, our expert analysts and market writers can help you navigate a range of market conditions and trading styles, setting you on the road to consistent trading. Our online education is divided into three sections according to experience level   LEARN MORE TRADING TOOLS View current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish with IG Client Sentiment.   LEARN MORE Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets.   LEARN MORE CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Kind regards DailyFX dailyfx.com Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom, EC4R 2YA. Trading financial instruments, including leveraged foreign currencies, carries a high degree of risk and your losses may exceed your deposits. Trading is not suitable for all. You should carefully consider whether trading is right for you in light of your investment experience and financial resources. Past performance is not indicative of future results. This commentary is for general informational purposes and does not constitute advice or a solicitation. While DailyFX has taken reasonable measures to verify the accuracy of the information herein, DailyFX makes no guarantee as to its accuracy or completeness. This information is subject to change at any time without notice. DailyFX is not liable for any loss or damage which may arise from the use of any information in this commentary. Please read the full Risk Disclosure, as well as our Privacy Policy. You received this email because of your relationship with DailyFX. To manage your preferences or unsubscribe from our marketing communications click here.   © 2023 IG