Month: July 2021

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Gold fell and was heading for a weekly dip on Friday as a stronger dollar, firmer yields and equity markets chipped away at its appeal. Spot gold fell 0.3% to $1,800.72 per ounce by 1:43 pm EDT (1743 GMT). U.S. gold futures settled 0.2% lower at $1,801.80. Bullion has shed 0.7% this week after briefly
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Net dollar value is long for the first time since the pandemic began The chart isn’t yet updated but the net dollar value of USD longs is now +$399.69m.  That’s the first net-long USD position on aggregate since the pandemic began. Primarily USD/JPY longs with some AUD/USD longs account for the overall net positioning. Invest
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