Markets Weekly Outlook: Gold Hits New ATH Ahead of Jackson Hole Symposium

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Markets Weekly Outlook: Gold Hits New ATH Ahead of Jackson Hole Symposium
GBP/USDUSD/JPYNasdaq 100
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Market Overview Analysis by MarketPulse (Zain Vawda) covering: EUR/USD, GBP/USD, USD/JPY, Nasdaq 100. Read MarketPulse (Zain Vawda)'s latest article on Investing.com

Gold reaches a new all-time high as markets reassess rate cut expectations after evaluating resilient US data.

Key topics include strategies for sustainable growth, monetary policy adjustments, and the implications of digital currencies on the global financial system. Notable speakers at this year’s event include Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde, and Bank of England Governor Andrew Bailey.

Currently, the DXY is positioned just below a key resistance level at 102.64. A daily close at this level would mark the lowest daily close since January 2024.

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