Day: May 5, 2026

Fed pricing supports DXY recovery – ING

Fed pricing supports DXY recovery – ING

ING’s Chris Turner notes that the US Dollar (USD) is benefiting from a hawkish Federal Reserve (Fed) narrative as markets price in a small amount of additional tightening for 2026. He highlights that high Oil prices and Gulf tensions are keeping short-dated US rates supported. Turner argues that the Fed’s focus is shifting toward price […]

Rising yields keep pressure on prices – ING

Rising yields keep pressure on prices – ING

ING strategists Warren Patterson and Ewa Manthey say Gold has extended its decline, trading near $4,500/oz as higher US Treasury yields and a stronger US Dollar (USD) weigh on non-yielding assets. They note that ETF holdings have fallen and speculative net length is at its lowest since February 2024, with the market focusing more on […]

Gold rebounds from one-month low; hawkish Fed caps upside

Gold rebounds from one-month low; hawkish Fed caps upside

Gold (XAU/USD) attracts some buyers during the Asian session on Tuesday and reverses a part of the previous day’s downfall to the $4,500 mark, or over a one-month low. The uptick lacks any obvious fundamental catalyst and runs the risk of fizzling out quickly, warranting caution before positioning for any meaningful upside. Heightened US-Iran tensions […]