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Gold to stay below $1,800 – eyes on US FOMC meeting minutes – FX Leaders

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Gold pared recent losses to $1,780 on Tuesday morning as sellers stepped up activity in Europe. However, market concerns about economic prospects in the United States, Europe and China appear to be keeping commodity buyers optimistic. Soft US and Chinese data releases and low Treasury prices reflect economic concerns, not to mention the Sino-American conflict. … Read more

Forex Signals Briefing July 26: Everything is booked as the Fed meeting approaches.

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Last week’s shopping package After the volatility we saw last week, with the ECB raising interest rates by 0.50% and the retreat of the US dollar eliminating the possibility of a 100 bps rate hike by the FED, markets turned their attention to the FOMC meeting this Wednesday. Everything was quiet yesterday with traders undecided … Read more