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Gold Price Analysis: Eying $2,600 Amid Probable 50-bps Cut
News outlets reported that a 50 bps Fed rate cut next week was a close call. Gold traders cheered the likelihood of an aggressive policy easing. The likelihood of a 50 bps September Fed rate cut increased to 45%. The gold price analysis indicates a sudden surge in bullish momentum as the yellow metal benefits...
USD/JPY Outlook: Super-Sized Fed Rate Cut Bets Reemerge
Former Fed official Bill Dudley said that there was a strong case for a 50 bps rate cut. The likelihood of a 50 bps rate cut shot up from 28% to 45%. BoJ board member Naoki Tamura noted that the upside risk to inflation was increasing. The USD/JPY outlook shows a free-falling dollar as markets...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
