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Headline: “Gold Rebounds as Rate Cuts Worries Resurface”
After flirting with crucial support, gold has edged higher as concerns about delayed rate cuts and sticky inflation re-emerged. With real yields staying elevated and risk sentiment wobbling, gold finds a niche as a hedge in the FX-commodity crossover world. From a traders’ view: monitor the do
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GBP Slumps After September CPI Miss Boosts BOE Rate Cut Expectations
Partner Center U.K. inflation held steady at 3.8% y/y in September, unexpectedly coming in below the 4.0% forecast by economists and the Bank of England (BOE). The largest downward contributions came from food and non-alcoholic beverages, where inflation fell to 4.5% from 5.1% in August, marking the
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