Title: Dollar Hits 3-Month Low!
Post by: PocketOption on Nov 17, 2022, 11:39 am
Post by: PocketOption on Nov 17, 2022, 11:39 am
Dollar Hits 3-Month Low!
Source: Dollar Hits 3-Month Low! (https://www.orbex.com/blog/en/2022/11/dollar-hits-3-month-low)
Gold prices hit a three-month high after a n missile strike on Polish territory.
Investors sought renewed safe haven exposure, as we saw when and ian conflict began.
Weakness in the dollar also benefited gold prices after data showed US producer inflation hit a 14-month low in October.
So where next for the yellow metal, as the $1800 level is in sight?
Timestamps
XAUUSD 01:45
EURUSD 03:10
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Source: Dollar Hits 3-Month Low! (https://www.orbex.com/blog/en/2022/11/dollar-hits-3-month-low)