The Fed’s decision today will be crucial in shaping the near-term performance of the US dollar and gold. While a 25 bps cut could provide stability, a 50 bps cut would likely weaken the dollar further and push gold prices higher.
The Fed’s decision today will be crucial in shaping the near-term performance of the US dollar and gold. While a 25 bps cut could provide stability, a 50 bps cut would likely weaken the dollar further and push gold prices higher.