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The Federal Open Market Committee (FOMC) March meeting is underway, and the Federal Reserve will announce its interest rate decision today. While the Fed is widely expected to keep interest rates steady on Wednesday, markets are awaiting comments from Fed Chairman Jerome Powell after the meeting for the Fed's latest rate expectations Judging from the one-hour...
Interpretation of the news: The opening of international spot gold continued yesterday's rebound and started to run strongly. The U.S. dollar index and U.S. bond yields also remained strong at the opening, which did not put significant pressure on the gold price because both hit the resistance position of the rebound. If not, If it can break through and remain...