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FX Desk

Gold rebounds but Fed rate hike bets risks remain a headwind

By FXStreet

Gold rebounds but Fed rate hike bets risks remain a headwind

Gold (XAU/USD) rebounds on Friday, reversing most of the previous day’s losses as a pullback in the US Dollar, US Treasury yields and Oil prices supports the precious metal.

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  1. US core CPI set to show a small decline, testing odds of a September Fed rate hike
  2. Silver Price Forecast: XAG/USD slips below $63.50 amid rising Fed rate hike odds
  3. FX Outlook: CPI Can Seal the Deal on a Fed Hike
  4. Czech Koruna: CZK faces downside risks against Euro into CNB – ING
  5. Gold Price Forecast: XAU/USD clings to a key support area around $4,300

Source: FXStreet