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Gold Gleams as Dovish Fed Fuels Rally, Dollar Rebounds

Gold prices climbed early Friday, extending gains for the third straight day, as the Federal Reserve’s dovish pivot buoyed its appeal. The dollar, however, bounced back from five-month lows, limiting gold’s upside. Analysts’ Take: Overall, the gold market is enjoying a short-term boost from the Fed’s dovish shift, but headwinds like a recovering dollar and …

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FOMC response – dovish statement, hawkish press conference

FOMC response – dovish statement, hawkish press conference

Definitely, blended information is a fascinating methodology. The Federal Reserve is apparently indifferent to monetary market instability! Rundown through RBC (this is exceptionally short): The strategy explanation broadcasted an obviously tentative vibe with the board saying it will “consider the combined fixing of money-related strategy, the slacks with which money-related strategy influences monetary movement and …

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