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Editors’ Picks

EUR/USD eases below 1.0750 as USD recovers ahead of PCE inflation

EUR/USD eases below 1.0750 as USD recovers ahead of PCE inflation

EUR/USD is trading below 1.0750, easing from weekly highs. The US dollar cuts losses amid easing risk-on trades in early Europe. Little of note in the EU docket puts the US PCE inflation in focus. 

EUR/USD News

GBP/USD exceeds 38.2% Fibo retracement and 200-EMA, 1.2700 eyed

GBP/USD exceeds 38.2% Fibo retracement and 200-EMA, 1.2700 eyed

The GBP/USD pair is sensing a mild selling pressure near 1.2660 after a vertical upside move in the Asian session. The cable has remained in the grip of bulls after hitting the monthly lows at 1.2155. A two-day winning streak has been continued by the pound bulls on Friday after overstepping Thursday’s high at 1.2621.

GBP/USD News

Gold bulls stay hopeful whilst above $1,846, US PCE inflation eyed

Gold bulls stay hopeful whilst above $1,846, US PCE inflation eyed

Gold Price looks to extend the rebound from 200-DMA this Friday. The USD melts amid risk-on trading, cooling off aggressive Fed tightening bets. XAUUSD is supported at 100-SMA on the 4H chart, more gains likely?

Gold News

Why Elon Musk’s tweet failed to move Dogecoin price

Why Elon Musk’s tweet failed to move Dogecoin price

Dogecoin price continues to produce lower lows on a four-hour time frame. As DOGE approaches the $0.073 support floor, investors can expect a decent bounce to $0.087.

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