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Gold prices, reaching the highest since May 5, are consolidating as traders await the US PCE Price Index, a key inflation indicator. The upcoming data could impact the Fed’s policy, influencing the demand for the US Dollar and providing direction for gold. The Greenback sees some repositioning, recovering modestly ahead of the data risk. A […]

The post Gold Breaks To New Highs. What Is Expected In December? appeared first on Action Forex.

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Eurozone Disinflation Accelerates as Markets Price in April Rate Cut

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EURGBP Maintains Bearish Bias Amid Pennant Formation

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