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US September jobs data boosted the dollar, while gold saw a slight dip.
Abstract:On Thursday, due to mixed non farm payroll data that did not dispel market doubts about the Feds December interest rate cut, the US dollar index remained above the 100 mark and fluctuated at a high le
On Thursday, due to mixed non farm payroll data that did not dispel market doubts about the Fed's December interest rate cut, the US dollar index remained above the 100 mark and fluctuated at a high level, hitting a 6-month high during trading and ultimately closing up 0.105% at 100.23; The yield of US Treasury bonds has fallen slightly, with the benchmark 10-year bond yield closing at 4.088% and the 2-year bond yield sensitive to the Federal Reserve policy rate closing at 3.545%. On Thursday (November 20th), spot gold stubbornly closed steadily amidst severe fluctuations, closing at $4077.17 per ounce. The highest for the day was $4110.03, and the lowest fell to $4038.82, with a fluctuation range of over $70. This seemingly calm sideways trend is actually a hidden surge - the delayed September non farm payroll report from the United States completely disrupted the market rhythm, extinguishing some interest rate cut fantasies and reigniting dovish hopes due to the unexpected rise in unemployment rate. Gold, as the most sensitive interest rate trading commodity, once again stands at the forefront of the storm. Due to Zelensky's open attitude towards peace talks, international crude oil continued to decline. WTI crude oil continued to decline in the US market, ultimately closing down 1.2% at $58.69 per barrel; Brent crude oil ultimately closed down 0.92% at $62.67 per barrel.
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