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Gold prices slipped in Asian trade following higher-than-expected U.S. core inflation data for August. The hotter print reinforces expectations for tighter Federal Reserve monetary policy at its upco…
Hotter US core CPI lifted FOMC rate hike odds to 88%, boosting the dollar against the euro. USD/JPY slipped as markets priced a 96% chance of a BOJ hike. WTI fell 2.4% on IEA demand warnings, while g…
August US core CPI rose 0.29% month-over-month, beating all forecasts and bolstering expectations of a Federal Reserve rate hike. Bitcoin and gold initially dropped on surging Treasury yields before …
Hotter-than-expected U.S. Core CPI data triggered $387 million in crypto liquidations and boosted Fed rate hike odds to 90%. Bitcoin faces heavy downside pressure near $75,000 support, exacerbated by…