Core PCE inflation takes center stage

From Investing.com: 2024-03-29 06:09:00

The US dollar continued to strengthen against major peers, ahead of core PCE data which may show sticky inflation. Dollar/yen watch for potential intervention by Japanese authorities as markets close for Good Friday. Gold reaches new record high as oil rebounds, benefiting Canadian dollar. Wall Street wraps up strongest Q1 in five years, gold soars to new all-time high nearing $2,245 zone. The possibility of another leg up for gold remains high amid central bank purchases and geopolitical uncertainty.



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