![Market Insights](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/15094421/Market-Insights-1-10.png)
The Fed left its rate unchanged but hinted rates may go above 5.5% by year-end.
If inflation does not slow down to its targeted 2% range then more surprises could happen.
Gold Price dropped to a 3-month low as the greenback saw a mild shift to the upside.
Timestamps
XAUUSD 01:45
XAGUSD 02:50
DXY 03:30
The post Fed Remains Hawkish as Gold Drops to $1930 appeared first on Orbex Forex Trading Blog.