Gold Research

US Dollar: Risk-off support and DXY downside risks – Scotiabank

Scotiabank’s Shaun Osborne and Eric Theoret note the US Dollar (USD) is broadly firmer as risk aversion dominates, with equities weaker and Oil higher.

Scotiabank’s Shaun Osborne and Eric Theoret note the US Dollar (USD) is broadly firmer as risk aversion dominates, with equities weaker and Oil higher.

Gold impact rationale

Stronger safe-haven demand makes capital more likely to flow into gold.

  • Source: FXStreet news
  • 2026-07-17
  • risk

Topics: gold news, gold price impact, risk