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Articles
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1 week ago |
forexlive.com | Adam Button
ANZ sees the recent retreat in gold prices from record highs as a healthy correction. Despite improved US-China trade sentiment, the medium-term macro backdrop—characterized by persistent tariff risks, rising inflation expectations, and slowing growth—remains supportive for gold. ANZ maintains a year-end target of USD 3,600/oz, with USD 3,000–3,200/oz identified as a potential buy zone.
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1 week ago |
forexlive.com | Adam Button
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1 week ago |
forexlive.com | Adam Button
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
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1 week ago |
forexlive.com | Adam Button
The solid non-farm payrolls print today and rebound in the stock market has pricing for a June cut down to 40% from as high as 75% last week. Goldman Sachs is now piling on and pushing their cut fall to the July 30 meeting from June 18. With today's jobs report, the Fed won't get another one before the June meeting and that will make it tough to justify a cut, even if the June print is soft (it would just be one number). From Goldman: Nonfarm payrolls rose 177k in April, above expectations.
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1 week ago |
forexlive.com | Adam Button
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