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Gold Price Outlook: Further Growth or a Downward Correction? (Potential for a Renewed Decline in Gold Prices and a Rise in USD/JPY)
Global markets are still digesting the
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Global markets are still digesting the turbulent events of last week. These were, of course, the final monetary policy decisions by the U.S. and Japanese central banks. Both raised interest rates, and against this backdrop, we observed a strengthening of the U.S. dollar in the Forex market, while the yen came under serious pressure.So why did the yen fall, and what are its prospects against the dollar?It came under pressure for two main reasons. First, there are growing doubts that,
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Pati Gani,
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