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Friday, March 29, 2024

Gold Jumps, Dollar Dumps After Pitiful Payrolls

Courtesy of ZeroHedge. View original post here.

While the excuses are already flowing for the big miss in August’s payrolls, markets are reacting with currencies the biggest factor.

Yields are now unchanged…

The dollar dumped immediately and precious metals spiked, bond yields fell marginally and while Nasdaq jumped a little initially, stocks are now all modestly lower…

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