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US Dollar Rallying as Gold Pukes; Here Comes the Fed – The Macro Setup

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US Dollar Rallying as Gold Pukes; Here Comes the Fed – The Macro Setup

THE MACRO SETUP OVERVIEW:

  • US Treasury yields rally sharply – more upside ahead?
  • Gold’s downside comes alongside another big move higher in Bitcoin
  • Rising Fed rate hike odds, shape of US yield curve prove supportive of US Dollar

TRANSITORY? OR TIME TO TAPER?

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