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FXStreet/KBC Bank Market Research Desk/5-10-2021
“In the short-to-medium term, it’s hard to see what could help US real yields catching up with inflation expectations again. That holds the dollar hostage in a vulnerable position. This week’s plethora of Fed governors will stick to the dovish line. Technical action in US yields suggests a firm bottom and favors more sideways action going forward.”
USAGOLD note: If Belgium’s KBC Bank is correct in its analysis, negative rates will prevail and precious metals are likely to react favorably.
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