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Editors’ Picks
GBP/USD nears 1.2600 on renewed USD weakness
GBP/USD extends its rebound from multi-month lows and approaches 1.2600. The US Greenback stays on the again foot after softer-than-expected PCE inflation information, serving to the pair edge greater. Nonetheless, GBP/USD stays on monitor to finish the week in adverse territory.
Gold rises above $2,620 as US yields edge lower
Gold extends its day by day rebound and trades above $2,620 on Friday. The benchmark 10-year US Treasury bond yield declines towards 4.5% following the PCE inflation information for November, serving to XAU/USD stretch greater within the American session.
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