The EURUSD is attempting to develop the ascending impulse that emerged in the second half of the American session yesterday. However, resistance appeared above the 1.09 level, causing the price to drop below, and it is consolidating near the round level. Higher timeframes indicate a breakout of the ascending corridor, which strengthened after the r
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US Dollar flat with upbeat US Jobless Claims in balance with downbeat Philadelphia Manufacturing number
The US Dollar (USD) trades slightly higher in the aftermath of US Jobless Claims numbers that went from 203,000 to 187,000. The upbeat number got overshadowed with another contraction print for the Philadelphia Fed Manufacturing Survey
Gold price clings to gains despite US Dollar's recovery
Gold price (XAU/USD) is aiming to hold the short-term recovery move in the midst of a persistent downtrend.
Pound Sterling turns subdued as focus shifts to UK Retail Sales data
The Pound Sterling (GBP) grinds between risk-off market mood and stubbornly high UK Consumer Price Index (CPI) data for December.
Euro gives away gains, as the Dollar jumps after US data
The Euro picks up as risk aversion eases, although the broader bearish trend remains intact.
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