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Editors’ Picks
EUR/USD holds above 1.0800 after mixed US data
EUR/USD trades in positive territory above 1.0800 in the American session. The mixed macroeconomic data releases from the US limit the US Dollar’s strength, while the strong inflation readings from Germany support the Euro, helping the pair push higher.
Gold slowly but steadily approaching $2,800
Gold pulls away from the all-time-high it set near $2,790 earlier in the day and trades at around $2,780. With the US Dollar struggling to find demand after mixed macroeconomic data releases, however, XAU/USD’s downside remains limited.
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