World Market News of the 3 June with FXOpen #goldprice #fedrate #dollarindex #oilprices

Gold Little Changed as Traders Seek More Data for Fed Rate Cues Gold prices were little changed on Monday as traders awaited more U.S. economic data this week, after recent data showed that inflation stabilized and lifted hopes for the Federal Reserve to cut interest rates later this year. Spot gold was nearly unchanged at $2, per ounce, as of 0342 GMT. Bullion was up nearly 2% in May. U.S. gold futures fell 0.1% to $2,. Source: Reuters Currencies Tread Cautiously After U.S. Inflation Report, Focus on ECB The currency market started the week cautiously, with the dollar slightly lower on Monday after last week’s data showed stabilized U.S. inflation in April, suggesting a potential Federal Reserve interest rate cut later this year. The dollar index, which measures the U.S. currency against six rivals, was % lower at on Monday. The index fell % in May. Sterling was % higher at $, while the euro last fetched $1.