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US PCE Price Index Declines Adding Further Pressure on the DXY as Gold Rises to $2070/oz

US data continues to show signs of slowing down with today's PCE print likely to fuel rate cut expectations. Gold advances toward key resistance area. ....

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US Consumer Spending Eases but the US Dollar Index (DXY) Continues to Advance

US PCE data continued the recent trend of softening data from the US. The PCE print is likely to add to expectations for rate cuts in 2024 heading into the December FOMC meeting. ....

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