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The expectation of interest rate cuts suffered a heavy blow, and gold broke through five key integer levels in succession
2024/01/21 06:03
The market's expectation of a rate cut by the Federal Reserve in March has been greatly discounted due to strong data and hawkish comments. After breaking through five key psychological levels, gold rebounded. Meanwhile, the escalation of the Gaza conflict has expanded, leading to a new round of strikes by the US military against Houthi militants.
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