Dollar Squeezed on Two Fronts, Gold Rebounds Sharply From Critical Support Ahead of NFP Cue

TL;DR: The Dollar's selloff this week reflects two separate pressures — a Yen repricing tied to faster BoJ tightening and Fed Governor Waller's lean toward a September hold — and Gold has rebounded sharply as an indirect beneficiary, with Friday's NFP now the first test of both fronts at once.

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Source: Action Forex

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Category Forex

Source Action Forex

Published 2 weeks ago

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News ID #13,703

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