The price of gold slipped Monday after data showed that the People’s Bank of China (PBoC) left its gold reserves untouched in June.
As long as the Reserve Bank of Australia looks likely be among the last majors to cut rates, it’s hard to see the Aussie falling far
The yen remains in a precarious position heading into Q3 after it depreciated to extreme levels, risking another bout of direct FX intervention from Japanese officials
The British Pound is under pressure going into the third quarter of the year as interest rate cuts finally heave into view. With the UK highly likely to elect a Labour government, investors may shun the pound due to unclear spending plan
Gold's Q3 direction hinges on rate shifts, reduced central bank purchases, the run up to the US election, and the continuation of major global conflicts
