Spot Gold continued to decline in European trade as sentiment shows modest improvement. Key risks still in play and could drive gold prices in the early part of the week.
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Spot Gold continued to decline in European trade as sentiment shows modest improvement. Key risks still in play and could drive gold prices in the early part of the week.
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The US Dollar dipped today as markets take stock of where the banking crisis is headed and Treasury yields search for direction. Will the USD reclaim the ascendency?
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The U.S. dollar is likely to come under selling pressure in the near term as markets price in rate cuts following the Fed’s decision to abandon its hawkish guidance in favor of financial stability.
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The Euro has held its ground against the US Dollar, allowing prices to recover from February’s losses. Can EUR/USD break free from the current zone of support?
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Gold has been boosted consistently by hopes that the rate-hike cycle could be nearing an end
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