Thursday, March 11th, today’s news—global markets rise as the $1.9 trillion stimulus package passes final approval in the US. Treasury yields fall, European markets await the ECB meeting, Dow futures are up more than 100 points, Joe Biden to announce the next phase of economic relief today, dollar is weaker, …
Futures contracts for gold prices fluctuated in a narrow range that is tilted to rise during the Asian session, to witness its rebound to the fourth session from its lowest since the fifth of June 2020, when it tested the lowest since April 21, 2020, amid the bounce of the …
The pair is trading above 1.1930 amid a decrease in support for the dollar from US treasuries, the yield of which was under pressure due to the US consumer inflation data publication, which turned out to be more moderate than expected.
Technical side:
The price is located above the …
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