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US Dollar's Strength Triggers a Sell-Off in Gold The gold (XAU/USD) price plunged by more than 1.3% on Thursday as the US Dollar Index (DXY) moved sharply higher after a strong US macro data...
Gold Consolidates Ahead of Key US Data Releases The gold (XAU/USD) price was relatively unchanged on Wednesday as markets remained cautious ahead of upcoming inflation data and news regarding US...
EUR/USD remains resilient after dipping below 1.05, hinting at a potential breakout. Weak US data and stagflation fears fuel Fed rate cut bets, pressuring the dollar. A break above 1.0500 could pave...
EUR/USD climbed to 1.0504 on Wednesday, nearing its monthly high of 1.0528. The pair gained momentum following positive news from Germany, fuelling market optimism. Key Factors Driving...
The euro has gained ground on Tuesday. In the North American session, EUR/USD is trading at 1.0515, up 0.45%. On Monday, the euro climbed as high as 1.0527, its highest level this year. EU says will...
Trump said yesterday that tariffs on Mexico and Canada are still on the table ahead of next Monday’s deadline. Markets remain reluctant to price that in for now, and some soft US consumer confidence...
According to the latest Ifo report, the German business climate remained unchanged in February. The business climate index stayed at 85.2, with a deterioration in the assessment of the current...
Lengthy negotiations to follow German election result. Both the euro and German stocks gain, but the outlook remains clouded. Frail risk appetite after Friday’s US stock performance and crypto...
EUR/USD stages a flash spike to 1.0527 in German election aftermath Technical signals favor the bulls, but traders await victory above 1.0500 EUR/USD is still struggling to secure a close above the...
Germany voted over the weekend, and the results are broadly in line with expectations. The euro (EUR/USD) got a small boost from the CDU/CSU being able to form a coalition only with the SPD, without...
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