Today, the minutes from the FOMC’s July meeting will be released. If the minutes confirm a change in course for the Federal Reserve, Forex pairs and the price of Gold might be affected.
Gold and other Commodity prices fell on Monday morning following the release of improved U.S. employment numbers. As the trading day began on Monday, Gold fell by over 0.9%.
On Tuesday, Gold fell to its lowest point since mid-April as the Dollar appeared to be headed for its largest monthly gain in over a year.
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