The pair is trading below 1.1955 amid a stronger US dollar, which is supported by the growth in the yield of US treasuries, which in turn are growing after the approval of new support measures by Joe Biden on Thursday.
Technical side:
The price is located above the middle …
Thursday, March 11th, today’s news—global markets rise as the $1.9 trillion stimulus package passes final approval in the US. Treasury yields fall, European markets await the ECB meeting, Dow futures are up more than 100 points, Joe Biden to announce the next phase of economic relief today, dollar is weaker, …
Futures contracts for gold prices fluctuated in a narrow range that is tilted to rise during the Asian session, to witness its rebound to the fourth session from its lowest since the fifth of June 2020, when it tested the lowest since April 21, 2020, amid the bounce of the …
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