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Dollar Down as Fed Minutes, U.S. Data Weighs

On: November 24, 2022

The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the FedContinue Reading

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

By: Administrator_India

On: November 23, 2022

In: Gold

Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bankContinue Reading