<p>FOMC raises federal funds rate by 25bps to 5.25-5.50% as widely expected, by unanimous vote. The accompanying statement is like a carbon copy for the June’s one. The one exception is: &
XAU/USD remains likely to grow. Estimated pivot point is at a level of 1669.96. Main scenario: consider long positions from corrections above the level of 1669.96 with a target of 1800.00 – 1850.00. A
<p>The financial markets turned into mixed mode today. While European indices open broadly lower, they quickly reversed early losses and turned positive. US markets open lower again but loss in
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