Wednesday’s U.S. inflation report has the potential to cause significant volatility, so traders should prepare for the possibility of treacherous market conditions, especially if the incoming data surprises to the upside.

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The Federal Open Market Committee (FOMC) minutes, released a few weeks after each policy meeting, offer traders valuable insights into the U.S. central bank’s thinking. These minutes can have a significant impact on the U.S dollar and gold prices.

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Precious metals soar, with gold printing another new high and silver picking up where it left off last week. Prices appear immune to warnings of delayed rate cuts

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USD/JPY remains close to making a fresh multi-decade high despite official warnings last week that the Yen was too weak. The question lingers: will the BOJ take action beyond verbal intervention to strengthen the Yen?

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The disconnect between the US dollar and US treasuries recently is an interesting one but may have to do with improving EU sentiment. Upward surprise in CPI to jolt DXY?

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