Gold Research
United States Dollar Index turns upside down on Fed rate hike doubts
The US Dollar gives back its opening gains and flips on its head during the European trading session on Thursday.
The US Dollar gives back its opening gains and flips on its head during the European trading session on Thursday.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-07-30
- rates
Topics: gold news, gold price impact, rates