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All eyes on US core PCE and consumption as bets for 50-bps cut stall Dollar is headed for weekly gains but Nasdaq has a disappointing week Euro on the backfoot as soft Eurozone CPI cements September...
The euro has extended its decline on Thursday. In the European session, EUR/USD is trading at 1.1095 at the time of writing, down 0.22% on the day. The US dollar has rebounded against the euro this...
The EUR/USD pair is holding steady at around 1.1134 as markets consolidate USD positions during a lull in significant news. Investors are now keenly awaiting the release of the Core PCE inflation...
Gold Faces Challenges as the US Dollar Strengthens Gold (XAU/USD) dropped by 0.79% as the US dollar (USD) and Treasury yields increased after Federal Reserve (Fed) Chair Jerome Powell's dovish...
The euro is sharply lower on Wednesday. In the European session, EUR/USD is trading at 1.1116 at the time of writing, down 0.60% on the day. There are no tier-1 events on today’s data calendar but...
Gold Rises on Mixed US Economic Data Gold (XAU/USD) rose by 0.26% on Tuesday after US macroeconomic reports revealed mixed data. The Conference Board's US Consumer Confidence Index reached a...
The euro is showing limited movement on Tuesday. In the North American session, EUR/USD is trading at 1.1179 at the time of writing, up 0.16% on the day. The euro has been on a tear against the...
Gold Price Remains Elevated Amid Rising Tensions and Rate Cut Hopes The gold (XAU/USD) price rose 0.19% yesterday and continued to trade near all-time highs as safe-haven demand increased due to...
The euro is in negative territory on Monday. In the European session, EUR/USD is trading at 1.1156 at the time of writing, down 0.32% on the day. The euro posted strong gains on Friday, rising 0.73%...
Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...
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