8:04 PM · 11 December 2019

BREAKING: Fed sees no more cuts, Gold down

The Fed did not change interest rates at its December meeting but more importantly no single FOMC member saw a cut in 2020 and 2021 so the bar for such decision could be really high. That’s supportive for the dollar we are also seeing a modest decline on Gold. Keep in mind that J.Powell will start his post-meeting conference in less than 30 minutes.

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