Global Market Insights - Forex, Futures, Stocks
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Global Market Insights - Forex, Futures, Stocks
Dollar sinks, gold surges as 50bps Fed cut back in the picture
Soft US PPI and reports of Fed dilemma revive bets of 50bps cut. Dollar plunges as yields fall, pushing gold to new all-time high. Euro climbs as ECB trims rates but does not signal October cut.
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