Daily Market Report
➢ Gold (XAU/USD) is slightly lower but remains near a two-week high, trading above $5,070.
➢ The metal is down about 0.20%, with no strong follow-through selling pressure.
➢ Strong US NFP data (130K jobs vs 70K expected) reduced expectations for a March Fed rate cut.
➢ The Unemployment Rate fell to 4.3%, while wage growth held steady at 3.7%.
➢ Markets now price in a 95% probability that the Fed will keep rates unchanged in March.
….Click below View button for more info…
