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Global Markets Steady as Gold Pulls Back, Oil Firms and FX Reacts to Policy Signals

From monetamarkets.com

Global financial markets traded with a steady tone as investors digested mixed signals across commodities and currencies. Gold eased from record highs amid profit-taking, while oil prices firmed on improving demand expectations and supportive macro developments. In the FX space, major currencies reacted to shifting central bank signals, with the Pound and Australian Dollar holding firm while the Yen softened following policy guidance from the Bank of Japan. Overall, markets remain focused on the evolving monetary policy outlook heading into the final trading sessions of the year. Gold prices have edged lower after ... (full story)

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  • Category: Fundamental Analysis