Gold prices slide for the second straight day amid U.S. dollar strength and rising Treasury yields following better-than-expected U.S. economic and Fitch’s decision to downgrade U.S. debt.
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Gold prices slide for the second straight day amid U.S. dollar strength and rising Treasury yields following better-than-expected U.S. economic and Fitch’s decision to downgrade U.S. debt.
from DailyFX – Market News https://bit.ly/43U2ELM
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A mixed bag from Sterling-crosses today with GBP/USD seemingly stuck, while GBP/NZD touches its highest levels since April 2020
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The Japanese Yen gained some lost ground after minutes of the BoJ meeting provided clarity on policy intentions. US credit downgrade having little impact for now
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The DXY appears to have shrugged off a downgrade by Fitch Ratings to continue high following the European Open. Can the US Dollar sustain the upward momentum?
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European indices have fallen sharply in early trading, but the Dow is only slightly lower despite the US credit rating downgrade last night.
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