Gold Price Rips & USD Dips Sharply as Fed Rate Cut Bets Surge

18 July 2019 Last updated : 18 July 2019 BonTrade

Increasingly dovish commentary from Federal Reserve officials has pushed the market's expectations of a 50-basis point rate cut soaring which is sending gold higher and the dollar lower.

Excerpt from:
Gold Price Rips & USD Dips Sharply as Fed Rate Cut Bets Surge

Categories
BonTrade News

Leave a Reply

Previous article
Trump says US Navy shot down Iranian drone in ‘defensive action,’ escalating tensions in Gulf region
18 July 2019
Next article
S&P 500 to Enjoy Boost from Dovish Fed, MSFT Stock After Earnings
18 July 2019