Gold Price Leap Imminent
The Federal Reserve slashed interest rates by half a percentage point in the first such emergency move since the 2008 financial crisis, amid mounting concern that the coronavirus outbreak threatens to stall the record U.S. economic expansion.
This will weaken the Dollar and investor interest towards Money Markets will decrease. Thus Safe Haven mode activated.
This will weaken the Dollar and investor interest towards Money Markets will decrease. Thus Safe Haven mode activated.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.