Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Rebound Amid Prospects of Fed Rate Cut =============== #1427aa63 ver:0.38 ...
Gold Prices Rebound Amid Prospects of Fed Rate Cut
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#1427aa63 ver:0.38
Gold prices slipped as the US dollar held firm, but rebounded amid prospects of a Federal Reserve rate cut. Traders are seeing a 68% probability of a cut in September. Economic data and comments from Fed officials will provide clarity on the rate cut timeline. Gold prices rose on Friday, fueled by softening price pressures and hopes of a rate cut. Traders now see a 67% probability of a cut in September. Gold prices fell due to a firm US dollar and rising Treasury yields. Investors await US economic data to gauge the Fed's next moves on interest rates. Gold prices rebounded as US bond yields eased and investors focused on Fed comments. Gold prices edged higher driven by a decline in Treasury yields and anticipation of upcoming US economic data....
#newstr #GoldPrices #FedRateCut #UsMacroeconomicData #InflationPressures #FederalReserve #InterestRateCut #UsdBuyingInterest #UsEconomicData
https://here.news/story/1427aa63?ver=0.38
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#1427aa63 ver:0.38
Gold prices slipped as the US dollar held firm, but rebounded amid prospects of a Federal Reserve rate cut. Traders are seeing a 68% probability of a cut in September. Economic data and comments from Fed officials will provide clarity on the rate cut timeline. Gold prices rose on Friday, fueled by softening price pressures and hopes of a rate cut. Traders now see a 67% probability of a cut in September. Gold prices fell due to a firm US dollar and rising Treasury yields. Investors await US economic data to gauge the Fed's next moves on interest rates. Gold prices rebounded as US bond yields eased and investors focused on Fed comments. Gold prices edged higher driven by a decline in Treasury yields and anticipation of upcoming US economic data....
#newstr #GoldPrices #FedRateCut #UsMacroeconomicData #InflationPressures #FederalReserve #InterestRateCut #UsdBuyingInterest #UsEconomicData
https://here.news/story/1427aa63?ver=0.38