Gold and silver prices today: Yellow metal dips in the last session
Analysts say the CME FedWatch tool shows traders pricing in a 53.6% chance for a 25 bps cut in June and a 28.7% chance for rates to remain steady
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Analysts say the CME FedWatch tool shows traders pricing in a 53.6% chance for a 25 bps cut in June and a 28.7% chance for rates to remain steady
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This is because of the impending release of the minutes of the US FOMC’s recent meeting
The dollar index slipped but is still trading around the 104 mark. The US 10-year yield was firm, trading close to the previous week’s high close to the 4.3% mark
The six-month spread for Brent on Tuesday was also at its highest since October, in a sign of a tighter market.