Gold price eases further on Friday, extending pullback from new record high $2222 (posted on Thursday) after a strong upside rejection on probe above psychological $2200 barrier. The yellow metal came under increased pressure from stronger dollar after Fed kept the policy unchanged and signaled that high borrowing cost may stay elevated as the US […]
Markets Odds this morning were for markets to take a slow start to the new trading week after last week’s sharp (divergent) repositioning on both sides of the Atlantic. Fed Chair Powell on Friday in a ‘last-minute’ assessment before the black-out period in the run-up to the March 19 Fed meeting, kept a wait-and-see-approach. Powell […]
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