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Message: Re: After All The Feds Yellen About Rate Hikes, Once Again They Remain Dovish

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MarketWatch
Apr 7, 2016 4:12 p.m. ET

Gold prices finished sharply higher Thursday, coinciding with a meltdown for the U.S. dollar against the yen, and fresh signals that the Federal Reserve is taking a cautious approach to future interest-rate hikes.

“The FOMC conveyed a sense that there’s no harmony among the Fed policy makers and the view,” said Fawad Razaqzada, technical analyst at Forex.com and City Index. He said that dynamic is bullish for gold prices and unsettling for stock-market investors.

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