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United States MBA Mortgage Applications fell from previous 7.9% to -1.6% in April 24

Gold Price Forecast: At make or break around $4,550 while Fed’s policy in focus

Gold price (XAU/USD) trades 0.5% lower to near $4,570 during the European trading session on Wednesday.
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USD/JPY nears the key 160.00 level ahead of the Fed rate decision

The US Dollar (USD) nudges higher for the second consecutive day against the Japanese Yen (JPY) on Wednesday, trading at 159.75 at the time of writing, with the key 160.00 level, considered a line in the sand for Tokyo intervention, coming closer.
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