The dollar strengthened and gold fell after breaking through $1850,Waiting for the Fed's interest rate decision

26 Jan, 2022

The US stock market fluctuated in afternoon trading and closed lower, and interest rate sensitive technology stocks were hit hard again

The US stock market fluctuated in afternoon trading and closed lower, and interest rate sensitive technology stocks were hit hard again, as market volatility was exacerbated by the increasingly hawkish position of the Federal Reserve and the uncertainty around rising geopolitical tensions.

The US dollar index rose 0.12% to close near 95.99, US Treasury bond yields rose, stocks narrowed losses, and data showed that the US economy was mixed. Fed officials met on Tuesday and Wednesday to discuss how to curb inflation, the highest in decades, without harming the labor market.

Spot gold once hit a new high of $1853.87 per ounce since November 19 last year, as geopolitical concerns related to Ukraine prompted investors to buy safe haven assets, including gold, before the Federal Reserve meeting. COMEX February gold futures closed up 0.6% to $1852.50 / ounce.


WARNING and please be advised:

It has come to our attention that a number of unauthorised firms /individuals have cloned our website content, logo and social media pages of CWG Markets Limited. Please be advised that these unauthorised firms have also been contacting consumers via various messaging apps such as WhatsApp, Facebook, Wechat.It should be noted that there is no connection whatsoever between the CWG Markets Limited, an authorised firm, and the unauthorised entities/ individuals that have cloned our details. If you’ve been scammed or contacted by an unauthorised firm / individuals – or a firm you suspect is not legitimate – you can report to us [email protected]

CFDs (Contract For Difference) are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks and take appropriate care to manage your own risk. Please read our Risk Disclosure carefully.

It looks like you are based in United Kingdom Click Proceed to be taken to CWG Markets UK LTD Click Stay to continue browsing this website
Proceed Stay
Service Access Restriction Notification

Dear customer,

Thank you for visiting our website. Unfortunately, after an automatic system check, we have found that your current access location is within a restricted area for our services. Due to various laws, regulations, and contractual limitations, we are unable to provide services in certain regions.

We sincerely apologize for any inconvenience this may cause and hope you understand that this measure is necessary to comply with relevant laws, regulations, and policies. Please be aware that this restriction is specific to certain areas and is not directed at individual users.

If you believe this is a mistake, or if you have any questions, please do not hesitate to contact our customer support team. We are always ready to assist and provide further clarification.

Thank you for your understanding and cooperation.

Best wishes,

CWG Markets LTD