Gold Jumps, Dollar Dumps As Market Signals Dovish Take On Fed Statement

The Dollar Index has erased its early gains following The Fed statement, and Gold is surging (along with gains in stocks and bonds) apparently signaling a dovish take (removed economic growth sentence)…

Gold Jumps, Dollar Dumps As Market Signals Dovish Take On Fed Statement

 

And Gold, Stocks, and Bonds are all higher…

Gold Jumps, Dollar Dumps As Market Signals Dovish Take On Fed Statement

 

All the major equity indices are higher (despite The Fed’s growth concern signal)…

Gold Jumps, Dollar Dumps As Market Signals Dovish Take On Fed Statement

Because…

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Author: HEDGE

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