Daily Market Report
➢ Markets now price an 87% probability of a December rate cut via CME FedWatch Tool.
➢ Expected rate cut size remains 25 basis points (bps).
➢ The dovish outlook is persistently pressuring the US Dollar (USD).
➢ The USD just posted its worst weekly decline in four months.
➢ A weaker USD continues to strongly support Gold upside momentum.
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