Gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness a rebound for the third consecutive session from the lowest since the ninth of March amid the bounce of the US dollar index for the third consecutive session from its highest since the …
The Australian dollar fluctuated in a narrow range sloping upward during the Asian session, to witness its rebound for the second consecutive session from its lowest since December 23, 2020 against the US dollar amid scarcity of economic data by the Australian economy in the last session of the week …
The pair is consolidating below 1.1780 due to the publication of fresh US employment data. If this turns out to be above expectations, it will push the pair down. At the same time, if the publications are worse than the forecast, the pair will receive support.
Technical side:
The …
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