How the EUR and USD economic calendars can impact gold prices. Let's get started!

How the EUR and USD economic calendars can impact gold prices. Let's get started! "Hey everyone, and welcome back to Channel Five 5! Today, we're diving into a topic that's crucial for all you gold investors and forex traders: How the EUR and USD economic calendars can impact gold prices. Let's get started!" "First up, let's talk about the big one: the US Dollar. Gold is typically priced in USD, so there's a direct relationship here. Think of it this way: a strong dollar often means lower gold prices. Why? Because it becomes more expensive for those holding other currencies to buy gold." "Conversely, a weaker dollar makes gold cheaper for international buyers, potentially driving the price up. So, keeping an eye on USD strength is key." "Now, let's bring the Euro into the mix. The Euro's performance against the USD matters. A stronger Euro can weaken the USD, which, as we just discussed, can ...