There has been an inverse relationship between gold (/GC) and the U.S. Dollar (/DX), says Paul Nolte. He discusses how U.S. dollar weakness continues after softer than expected inflation data. He also talks about how the U.K. CPI for October 2022 hits its highest level in 41 years. He then goes over the differences between the U.S. dollar and other global currencies. Finally, he previews the next FOMC meeting which takes place December 13 and 14. Tune in to find out more about the futures today.
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