United States Monthly Budget Statement registered at $-39B above expectations ($-63B) in January

United States Monthly Budget Statement registered at $-39B above expectations ($-63B) in January

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EUR/USD tries to stabilize near 1.0700 after US data

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.

EUR/USD News

Gold price clings to small daily gains near $1,860

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.

Gold News

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