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Gold rebound extends to above $2,670 as dollar slips
In the past few minutes gold has extended its rebound gains today and just now lifted above $2,670. The move comes as the USD/JPY drops back again and falls back towards session lows, underneath 153.75. The GBP/USD is still reacting positively to the BOE decision and clear message; that the future path of UK interest rates is not necessarily going to deliver another cut ahead of the year-end. The GBP/USD is now above 1.2950. The EUR/USD is higher again and once pressing on levels around 1.0775. All these moves have helped to propel gold a bit more. The metal is currently trading at $2,673.40
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