Page 43 - Simple Moving Average News Today

Gold price (XAU/USD) edges higher for the second successive day on Friday, albeit lacks follow-through as traders opt to wait for the release of the US Personal Consumption Expenditures (PCE) Price Index before placing fresh directional bets.

The Core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 13:30 GMT.

Bitcoin (BTC) price has been on a steep decline since January 11, when spot BTC exchange-traded funds (ETFs) started trading.

Gold price (XAU/USD) ticks higher for the second straight day on Friday, albeit with a lack of follow-through buying and trades below the $2,025 level during the Asian session.

- GBP/USD kept an erratic performance in place throughout this week.

The US Dollar (USD) is paring back some gains that got collected in the aftermath of the US tripod print of US Gross Domestic Product - Durable Goods - Jobless Claims on Thursday. At that same time on Thursday the European Central Bank

- The USD Index (DXY) kept a side-lined theme this week. - US yields traded in a mixed fashion ahead of the Fed meeting.

The Canadian Dollar (CAD) found some space on Friday, bolstered by climbing Crude Oil markets and clawing back some of the week’s losses.

EUR/USD recovered recent losses on Friday, recovering back into familiar technical levels.

The Mexican Peso (MXN) stays on a mission and climbs for the third straight day versus the US Dollar (USD) after data from Mexico suggests the Trade Balance expanded more than expected, while inflation data in the United States (US) was softer.