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AUD/USD Weekly Forecast: Breather After Soft Core PCE Index
The US consumer confidence report fell short of forecasts. Australian retail sales fell below forecasts, indicating a drop in consumer spending. Economists believe the RBA will likely hold its key rate steady on Tuesday. The AUD/USD weekly forecast turns bullish as the US Core PCE number missed the estimate, resulting in lending support to the...
Gold Price Finds Breather as US Dollar Corrects After Soft Data
The bias remains bearish despite the current rebound. The US economic figures should bring sharp movements later today. Taking out the supply zone may announce a larger rebound. The gold price rebounded after reaching $1,857 yesterday’s low. Now, it is located at $1,871 at the time of writing. –Are you interested in learning more about...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
