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Gold is approaching 2,000 Gold (XAU) price dropped to 1,965 on Monday, but later recovered due to falling U.S. Treasury yields. Over the past six trading sessions, XAU/USD has gained over 2% due to easing U.S. inflation, leading investors to expect the Federal Reserve to begin cutting interest rates in early 2024. The market is
The GBP/USD pair has experienced a decrease in relation to soft UK retail sales. The British pound is trading lower on Friday, with GBP/USD at 1.2381 in the European session, down 0.27%. The pound has shown sharp swings this week, with a 1.78% jump on Tuesday after US inflation was weaker than expected. UK retail
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