Gold slips as investors assess hawkish Fed comments, await U.S. inflation data

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Jun 18, 2026Dollar Rallies on Fed’s Hawkish Hold; BoE Awaited | Investing.com+1.4%
• Jun 22, 2022South African rand slips as traders await Fed chair, inflation data - Markets - Business Recorder-0.0%
• Sep 14, 2026Copper Slips as Inflation Data Raises Bets on Fed Hiking Rates - Bloomberg+1.1%
• Nov 3, 2022Gold dips as hawkish U.S. Fed lifts dollar, yields-1.0%
• Jun 15, 2021FOREX-Dollar edges up after U.S. inflation data as traders await Fed outcome+1.7%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Sep 13, 2022C$ slides by most in 2 months on hot U.S. inflation data-2.3%
• Sep 18, 2019Rand steadies as investors wait on US fed rates, stocks down - Moneyweb-3.4%
• Sep 23, 2020Gold and Silver Hit by Hawkish Fed Boost to Dollar - Markets Insider-1.1%
• Nov 24, 2022Canadian dollar steadies as investors cheer Fed’s dovish signal - Markets - Business Recorder+4.1%
• Dec 2, 2022C$ posts weekly decline as U.S. jobs data rattles investors | Financial Newsletter-12.0%