Fed Comments on US Economy Boost Gold by 1.3%
===============
#b9c27144 ver:1.91
The US dollar is on track for its best weekly gains since February, supported by the Federal Reserve's interest-rate policy. However, speculators are betting that the US yield advantage won't last, leading to a decrease in long dollar bets. The rise in the Dollar Index suggests a continuation of restrictive monetary policy. Despite recent retreats, the dollar remains strong and trades near its year-to-date high. The dollar's strength is also supported by investors seeking shelter from political uncertainty in Europe. Gold and silver prices have gained as a result. #USD #Fed #Gold #Silver...
#newstr #UsDollar #FederalReserve #InterestRates #CurrencyTraders #PoliticalUncertainty #China #MarketMood #UsEconomy #Gold #Silver #Oil #EurozoneConsumerConfidence
https://here.news/story/b9c27144?ver=1.91
US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
npub12z…e8pry
2024-06-20 16:01:15
Author Public Key
npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pryPublished at
2024-06-20 16:01:15Event JSON
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"content": "Fed Comments on US Economy Boost Gold by 1.3%\n===============\t\n#b9c27144 ver:1.91\n\nThe US dollar is on track for its best weekly gains since February, supported by the Federal Reserve's interest-rate policy. However, speculators are betting that the US yield advantage won't last, leading to a decrease in long dollar bets. The rise in the Dollar Index suggests a continuation of restrictive monetary policy. Despite recent retreats, the dollar remains strong and trades near its year-to-date high. The dollar's strength is also supported by investors seeking shelter from political uncertainty in Europe. Gold and silver prices have gained as a result. #USD #Fed #Gold #Silver...\n\n#newstr #UsDollar #FederalReserve #InterestRates #CurrencyTraders #PoliticalUncertainty #China #MarketMood #UsEconomy #Gold #Silver #Oil #EurozoneConsumerConfidence \n\n https://here.news/story/b9c27144?ver=1.91",
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