US: Federal government posts $314 billion deficit in November

The US government recorded a $314 billion budget deficit in November, larger than the $301 expected. The Treasury Department informed that receipts totalled $275 billion and outlays $589 billion. It compares to a deficit of $248 billion during the same month of last year.  
 

Gold Price Forecast: XAU/USD tumbles after hitting daily high near $2000, eyes on Fed decision

Gold price lost its bright after hitting a daily high of $1996.73, though it dropped in the aftermath of a softish inflation report in the United States (US), ahead of the upcoming Federal Reserve (Fed) monetary policy decision.
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USD/NOK ascending on market reaction to US CPI, rate cut forecasts in spotlight

During Tuesday's trading session, USD/NOK experienced gains, currently trading around the 10.975 level.
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