Gold, Crude Oil to Rise if FOMC Rhetoric Proves Dovish

Crude oil and gold prices are likely to rise if the Federal Reserve opts to offset worries about a cutback in QE with a dovish change in forward guidance. Financial markets have set their sights on the outcome of the With that in mind, the market-moving bit of the announcement is likely to be the presence or absence of changes to the forward guidance component of the Fed’s policy mix. In this context, a dovish[ Read More ]