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2024年 6月 13日 木曜日

Japan CFTC JPY NC Net Positions up to ¥-53.2K from previous ¥-66K

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EUR/USD declines toward 1.0600 amid risk aversion


 EUR/USD declines toward 1.0600 amid risk aversion

EUR/USD has lost its traction and declined toward 1.0600 on Friday after having recovered toward 1.0650 with the initial reaction to dismal US PMI data. The negative shift witnessed in risk mood helps the US Dollar gather strength and weighs on the pair.


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Gold holds near $1,790 after dismal US PMI data


 Gold holds near  $1,790 after dismal US PMI data

Gold price edged lower after having climbed above $1,790 earlier in the session but remains on track to close the day in positive territory. The benchmark 10-year US Treasury bond yield holds above 3.5%, making it difficult for XAU/USD to gather bullish momentum.


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