Economic Indicators
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Gold Prices Face Resistance Amid Strong US Labor Market Data
Gold prices encounter major technical resistance, as they attempt to break above key resistance levels.…
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US Labor Market Shows Resilience with Nonfarm Payrolls Growth in May
That’s exactly what we saw in May, an extraordinary apparent US labor market strength. Climbing…
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USD/CAD Faces Pressure as Downside Risks Increase
The USD/CAD currency pair is trading around the 1.3650 level today. This scenario depicts a…
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Japanese Yen Weakens Against USD Amid Economic Concerns and Policy Divergence
The Japanese Yen continuing to fall against the US Dollar. This trend serves as a…
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Market Update: GBP/USD Faces Pressure Ahead of US Nonfarm Payrolls Release
GBP/USD is keeping its heads above the water, currently hovering around the 1.3550 level so…
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Market Movements Reflect Anticipation of US Nonfarm Payrolls
Friday was rough for the foreign exchange and commodities markets. Traders were positioning ahead of…
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Financial Markets Await Key US Employment Report Amidst Mixed Currency Activity
It was a muted to mixed response by the financial markets on Friday during the…
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Gold Price Struggles as Market Anticipates NFP Data and Central Bank Purchases Surge
Gold prices are having a quiet trading day ahead of an important upcoming round of…
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Gold Price Outlook Remains Positive Amid Geopolitical Tensions and Economic Developments
Meanwhile, gold prices continue to rally. They are well clear above the midline on the…
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EUR/USD Steady as Market Awaits ECB Interest Rate Decision
The forex market remains a picture of trepidation. EUR/USD continues to trade slightly above the…