Dollar Breaks Through the Important Support / GOLD, EUR/USD overview
Despite Jerome's Powell hawkish speech, the greenback fell on Tuesday as investors returned to investment in risk assets…
Active Market: Gold, EUR/USD, Oil
Information is not investment advice
The Fed published the detailed record of its latest meeting. As expected, it revealed that officials are ready to start tapering on November 2-3 (a gradual cut of asset purchases). Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.
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