Commodity markets have sold off in the wake of upward revisions to the Federal Funds rate. The non-interest-bearing asset now approaches a crucial technical level

Crude oil has continued to be shaken from the effects of a stronger US Dollar and higher inventories that rattled markets last week.

US durable goods orders fell more than expected in January, reflecting a decline in 2 of the last 3 months according to data from the US Census Bureau.

The Euro has been battered like many other currencies by Dollar-supporting suspicions that US interest rates will be staying higher for longer.

The markets and assets that do well when price growth is cowed might not be such great investments when it is more vigorous.

Spot gold continues to make its way toward the $1800 level as the Dollar remains bid following US PCE Data. Can the precious metal catch a short-term bounce as the RSI enters oversold territory?

GBP/USD price action has the pound testing the key 200-day MA ahead of the US durable goods orders release later today.