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🔰 #Gold trades higher for the first day in four, and while correlations with short end rates and yields have faded recently.
🔰 The negative correlation with the dollar has increased, hence the current weaker dollar-led bid in XAU.
#Gold
_LiveStream
🔰 The bond market is telling the Fed it's done with rate hikes.
🔰 There's just a 15% chance of a September rate hike being priced into fed funds futures, and a 21% chance of one in November.
🔰 The Fed is now expected to start cutting rates in early 2024, according to market pricing.
#USD #Gold
_LiveStream
🔰 Financial institutions and bank order :
Thursday
1. How To Use These Order !?
2. Video !
_LiveStream
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