EBC Daily Snapshot May 31, 2024

The dollar steadied Friday after a Q1 US GDP revision hinted at Fed rate cuts. The yen stayed above its four-week low on stable price growth.

Regulamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Gold Surges Amid Mounting Global Risks

Gold Surges Amid Mounting Global Risks

The price of gold reached 3,383 USD per ounce on Wednesday, trading near a two-week high. The rally is being driven by strong demand for safe-haven assets, fuelled by growing concerns over the independence of the US Federal Reserve.
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