Austria Producer Price Index (YoY) dipped from previous 4.6% to 2.9% in May
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Editors’ Picks
GBP/USD rises above 1.2700 on renewed USD weakness
GBP/USD staged a decisive recovery and superior beyond 1.2700 amid renewed US Greenback weakness on Friday. Annual PCE inflation within the US declined to a couple.8% on a yearly foundation in Might from 4.3% in April, allowing Wall Boulevard to commence sharply better and weighing on the USD.
GBP/USD Data
Gold advances beyond $1,910 as US yields flip south
Gold mark received traction and superior $1,910 on Friday. Following the softer-than-expected Might PCE inflation readings from the US, the benchmark 10-365 days US Treasury bond yield declined in direction of 3.8% and grew to alter into negative on the day, fuelling XAU/USD’s rebound.
Gold Data
