Fed Hawks Keep US Dollar Flying High Amid Hawkish Stance

The Federal Reserve has maintained its hawkish stance, signaling that further monetary tightening remains possible. This move has pushed up Treasury yields and kept the US dollar supported.

Next week will be crucial in shaping expectations for the Fed's October policy decision, with key economic data releases including JOLTS, ADP, PCE, and Nonfarm Payrolls.

Gold prices remain fragile, with a key near-term pivot at 4,235. A break below this level could shift attention towards the 4,180-4,200 range, followed by 4,150-4,170.