The expectation of interest rate cuts suffered a heavy blow, and gold broke through five key integer levels in succession
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Some meme and altcoins surge significantly, with Vulgar Penguin up 50.64% in 24 hours
The "2016 Ethereum ancient whale" is suspected of selling 7,000 ETH and still holds 26,992.67 ETH.
Wyoming Stable Token Commission launches testnet faucet for stablecoin FRNT