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EUR/USD resumes slide below 1.0500

EUR/USD resumes slide below 1.0500

EUR/USD gained modest upward traction ahead of Wall Street's opening but resumed its slide afterwards. The pair is under pressure in the American session and poised to close the week with losses near its weekly low at 1.0452.

EUR/USD News
GBP/USD nears 1.2600 as the US Dollar regains its poise

GBP/USD nears 1.2600 as the US Dollar regains its poise

Disappointing macroeconomic data releases from the UK put pressure on the British Pound, yet financial markets are all about the US Dollar ahead of the weekly close. Demand for the Greenback increased in the American session, pushing GBP/USD towards 1.2600. 

 

GBP/USD News
Gold pierces $2,660, upside remains capped

Gold pierces $2,660, upside remains capped

Gold (XAU/USD) puts pressure on daily lows and trades below $2,660 on Friday’s early American session. The US Dollar (USD) reclaims its leadership ahead of the weekly close, helped by rising US Treasury yields. 

 

Gold News
Broadcom is the newest trillion-dollar company

Broadcom is the newest trillion-dollar company Premium

Broadcom (AVGO) stock surged more than 21% on Friday morning after management estimated on Thursday’s earnings call that the market for customized AI accelerators might reach $90 billion in fiscal year 2027.

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Can markets keep conquering record highs?

Can markets keep conquering record highs?

Equity markets are charging to new record highs, with the S&P 500 up 28% year-to-date and the NASDAQ Composite crossing the key 20,000 mark, up 34% this year. The rally is underpinned by a potent mix of drivers.

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