Spot Gold has enjoyed a strong rally since tapping the $1950 mark this morning, but price action remains mixed. Will the $2000 handle remain a step too far for the precious metal?
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Spot Gold has enjoyed a strong rally since tapping the $1950 mark this morning, but price action remains mixed. Will the $2000 handle remain a step too far for the precious metal?
from DailyFX – Market News https://bit.ly/3ZDDM8X
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The US dollar is giving back all this morning’s opening gains after this weekend’s OPEC+ output cut gave rate hike expectations a push higher.
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EURUSD has rallied some 70-odd pips from its Asian session lows as the 1.0800 level remains pivotal. Where to next for EURUSD?
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USD/CAD teeters on the edge of a major support zone that if broken could see the loonie tumble. A big fundamental week lies ahead that could lead to such a move for CAD.
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The gold price slipped today with the US Dollar tracking higher along with Treasury yields due to inflation fears reigniting after OPEC+ cut oil production targets. Lower XAU/USD?
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