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EUR/USD continues to trade in negative territory at around 1.0700 in the second half of the day on Friday. The data from the US showed an improvement in consumer confidence in early February alongside a slight increase in one-year inflation expectation, helping the USD hold its ground.
Although Gold price is struggling to gather recovery momentum, it stays afloat slightly above $1,860 heading into the weekend. The benchmark 10-year US Treasury bond yield is up more than 1% on the day above 3.7%, not allowing XAU/USD to gain traction.
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