The Dollar Index is curently at 102.8 (-0.63%) with Gold at the supply zone right now. As the GDP Q1 was -1.4% yesterday, we could expect the US central bank to tighten its Monetary Policy when it meets in June and July and could lift rates 1-3% by the end of the year. We could also have high votality next week due to the Fed moving to a jumbo rate hike when they announce rapid balance sheet reduction program.
Just keep an eye on the release of US PCE inflation data
Just keep an eye on the release of US PCE inflation data