The S&P 500 looks poised to maintain its broader bullish trend with the Fed vowing to keep policy highly accommodative even though the pace of asset purchases will likely slow this year.
US Dollar bears have faded strength over the last few trading sessions with markets thinking it is increasingly likely that Fed officials avoid a taper announcement at their Jackson Hole Symposium.
Gold price action has rebounded nicely from its flash crash earlier this month. XAU/USD now seeks clarity from the Fed at this week's annual Jackson Hole Symposium before making its next move.
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