Spot Gold briefly traded below the $1900 support level with a daily close below the 200-day MA for the first time since December 2022. A sign of further weakness ahead?
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Spot Gold briefly traded below the $1900 support level with a daily close below the 200-day MA for the first time since December 2022. A sign of further weakness ahead?
from DailyFX – Market News https://ift.tt/ZhdGM1b
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GBP prices have gained traction after the UK CPI report surprised to the upside on several metrics.
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Crude oil prices broke lower yesterday and has underperformed today as developments out of China has risk assets on the backfoot amidst US Dollar reclaiming the upper hand. Lower WTI?
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EUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?
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The New Zealand Dollar jumped immediately after the RBNZ announced that they left rates unchanged 5.50% for the second meeting in a row. Will NZD/USD break back up and into the range?
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