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Gold Prices Are Skyrocketing As The Fed Prepares To Loosen Monetary Policy
The risk profile remains positive, with the S&P500 posting a four-day winning run as the Federal Reserve (Fed) prepares to slow its current policy tightening pace following a solid decrease in December’s inflation data. Despite the risk appetite theme, the return on US Treasury bonds remains steady, rising to 3.50%. Despite an increase in US consumer confidence data on Friday, the US Dollar Index stayed below 101.80.
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