Correlation between Gold and the broad USD grows – TDS

Price action in Gold is telling you that macro fund positioning is extreme, TDS commodity analyst Daniel Ghali notes.
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BoE: There is a premium on patience – Rabobank

Bank of England (BoE) left the policy unchanged, as expected, at 5%, in a 8-1 split vote, Rabobank’s Senior Macro Strategist Stefan Koopman notes.
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