FED hiked the interest rates by 25 basis points to 5.5%, the previous 5.25%
USA GDP growth rate QOQ has surged to 2.4%, the previous 2%
Initial jobless claims have declined to 221k, the previous 229k
Continuing jobless claims have shrinked to 1690k, the previous 1749k.
The recently divulged economic data has a great impact on the flopping US dollar and might initiate a trend change.
XAUUSD chart after the economic news was released
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