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EUR/USD ticks north with US CPI data, remains below 1.1700
The EUR/USD ticked higher as an immediate reaction to the US CPI figures, which came in line with expectations. The US Dollar quickly changed course and trimmed news.related losses with the pair back to trade below the 1.1700 mark.
GBP/USD trades below 1.3450 after US CPI data
GBP/USD resumed its decline following the release of US CPI data, matching analysts' forecast. The US Dollar initially fell with the news, but quickly resumed its decline amid diluted concerns of higher inflationary pressures.
Gold price stuck at around $3,350 after US data
Gold price seesaws around $3,350, lacking clear directional impetus. The positive tone of Wall Street after steady US inflation hints at a weaker bright metal during American trading hours.
Pi Network Price Forecast: PI test crucial support level amid bullish RSI divergence
Pi Network edges lower by 2% at press time on Tuesday, failing to join the bandwagon of altcoins fueled by Bitcoin reaching record high levels. The increasing supply pressure on Centralized Exchanges and the token unlocks fuel the declining trend in PI token, resulting in a retest of the $0.4460 support level.
China’s first-half growth remains on track, though activity data signals caution
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