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Gold Price Tumbles Below $1,970 as Greenback Gains Ground

The gold price tumbled in the short term as the US dollar appreciated. It has dropped as low as $1,965 and found strong demand.

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EUR/USD Price Breaks Below 1 0900 After Dismal PMIs

The EUR/USD price is trading in the red, below 1.0900 at the time of writing. The downside pressure is high with more decline.

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GBP/USD Price Overbought on Hotter than Expected Inflation

The GBP/USD price rebounded in the short term after reaching yesterday’s low of 1.2713. It has climbed as high as 1.2802 today.

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Gold Price Recovers Amid Weaker Greenback, Eying UK CPI

The gold price is trading in the green at $1,956 at the time of writing. After its downside correction, a bullish breakout was inevitable.

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Gold Price Under Massive Selling Pressure After BoC Hike

The gold price dropped in the last trading session, reaching as low as $1,939. The metal has rebounded a little and is trading at $1,945.

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