Friday, January 22nd, today’s news—European markets retreat after a strong week, ECB holds interest rates steady, possible new COVID restrictions weigh, new economic data in focus. American markets also fall after S&P 500 hits new highs, bitcoin falls below $30,000 in a cryptocurrency sell-off, dollar continues to weaken, oil falls …
Futures contracts for gold prices fluctuated in a declining range during the Asian session, to witness their rebound for the second consecutive session from the highest since January 8th amid the positive stability of the US dollar index according to the inverse relationship between them on the cusp of developments …
The single currency, the euro, fluctuated in a narrow and bullish range during the Asian session, to witness its retracement to the third session in five sessions from its lowest since the second of December, and to prepare for its first weekly gains in three weeks against the US dollar …
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