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Bond sell-off hit gold, now hitting FX (USD higher) – follows talk of $2ln Biden rescue plan

Bond sell-off hit gold, now hitting FX (USD higher) – follows talk of $2ln Biden rescue plan

The reports are for a higher stimulus package than was expected:
Rising bond yields on the back of this have already hit gold:
Currencies now getting hit, US dollar higher. AUD has given back its earlier gain on the morning:

Source: Forexlive RSS Breaking news feed
Date: January 14, 2021, 13:05