Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session, with the US dollar index resuming its rebound from the lowest since 12 March for the second session in three sessions according to the inverse relationship between them on the cusp of developments and economic …
The US dollar fell during the Asian session to witness its rebound for the third session from its top since March 26 against the Japanese yen after the developments and economic data that is reported on the Japanese economy and on the cusp of developments and economic data expected today …
The pair is at a strong support level of 108.00 in anticipation of the Fed’s monetary policy decision, as it is possible that Jerome Powell will hint at the easing of stimulus measures amid the quick recovery of the US economy from the coronavirus pandemic.
Technical side:
The price …
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