Gold, Euro, and Bitcoin Navigate Crosswinds
From Investing.com: 2025-03-21 03:54:00
Gold prices corrected slightly on Thursday, dropping 0.09% after hitting a record high. The bullish trend remains strong, driven by economic and political uncertainty. Speculators are taking profits near a $3,050 resistance level. Fed Chair Powell noted that Trump’s policies may have slowed U.S. growth. Analysts predict two rate cuts this year. Euro weakened by 0.46% against the dollar due to technical resistance and poor macroeconomic outlook. ECB rules out rate hikes until 2026. Bitcoin fell by 3.1% as Trump proposed a framework for stablecoins. Market reaction remains muted, with some predicting a bear market ahead.
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