<p>Slowing inflation signals from China and the U.S., and various Fed speak had forex markets mixed this week, with USD leading the pack and the yen lagging far behind. </p>
Gold price trims earlier gains and retreats after the US Federal Reserve decided to keep rates unchanged while pushing back against speculation of rate cuts.
Gold prices saw some profit-booking on their latest strong gains but the $1700 level looks solid. Crude oil prices continued to climb as more production cuts seem likely.
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