Denmark Consumer Price Index (YoY) fell from previous 5.3% to 2.9% in May
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Editors’ Picks
EUR/USD clings to modest everyday beneficial properties above 1.0750
EUR/USD continues to commerce in definite territory above 1.0750 on Monday. The upbeat market mood ahead of this week’s key info releases and central financial institution policy meetings makes it sophisticated for the US Buck to bring collectively quiz, serving to the pair withhold its ground.
EUR/USD News
GBP/USD loses traction, retreats toward 1.2550
GBP/USD misplaced its bullish momentum and declined toward 1.2550 in the 2nd half of the day after having met resistance at 1.2600. Sooner than the UK jobs document and US inflation info on Tuesday, traders refrain from making a bet on an everyday uptrend in the pair.
GBP/USD News
Gold fluctuates above $1,960 to open Fed week
Gold mark rose toward $1,970 for the length of the European trading hours but misplaced its traction. As traders await Can also just inflation info and the Federal Reserve’s policy announcements, the benchmark 10-yr US T-bond yield holds popular above 3.7%, limiting XAU/USD’s plug.
Gold News
The Colossal Three Forward – US CPI, FOMC and ECB
One of the extra valuable traits we’ve considered in fresh months has been how snappy headline inflation in the US has been declining. In June closing yr US CPI peaked at 9.1% and has been on a downward path ever since.
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