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Dollar Rebounds, Gold Sinks 1.2% as Fed Hawks Talk Tough

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The Story

News Summary

  • Dollar firmed on hawkish Fed comments and strong US data, pressuring gold and silver lower.
  • Yen gained on BOJ hawkish signals and intervention speculation.
  • Euro edged higher on French CPI but capped by weak German jobs data.
  • Oil rose 1%.
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XAUUSD price history

4425.00 -9.94% over the displayed period

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