Fed Hawks Support USD

Gold stalls near $4,450 The US Dollar is supported by a hawkish Fed, keeping gold from recovering. Wednesday's FOMC Minutes showed a majority of policymakers believe policy firming would be necessary if inflation persists above 2%. Traders are pricing in ov

Housing Starts Expected To Decline

Housing starts may fall to 1.410 million units Housing starts measure the initial construction of single-family and multi-family units on a monthly basis. Affordability issues are weighing on the housing market, with the consensus looking for starts to decrease.