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Gold dips as dollar holds firm; U.S. jobs data awaited
Author: MartiFranklin
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Gold dips as dollar holds firm; U.S. jobs data awaited
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USD soared on Policy Divergence. BOJ Surprised by Adding Asset Purchases
Firm US dollar took the centre stage on the second day of a non-zero Fed funds rate. The greenback strengthened against commodity currencies amidst soured sentiment in the energy market. Yet, USD also rose against other major currencies including euro and the pound. The USD index jumped to a 2-week high and ended the day +1.01% higher.
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USD soared on Policy Divergence. BOJ Surprised by Adding Asset Purchases