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Gold price loses momentum, with Fed speakers in focus
Gold price retraces on the rebound of the USD on Friday. The Fed's cautious approach weighs on the yellow metal. Gold traders will focus on the Fed’s Kashkari, Waller, and Daly speeches on Friday. The gold price (XAU/USD) trades with a bearish bias on Friday after retreating from the nearly $2,400 b
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Poland Economy Rebounds In Q1; Inflation Rises As Estimated
The Polish economy expanded in the three months ending in March after contracting in the previous quarter, flash data from Statistics Poland showed on Wednesday. Consumer price inflation increased for the first time in five months in April, the final figures revealed. Gross domestic product advanced
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Treasuries Move Modestly Higher Ahead Of Inflation Data
Following the pullback seen during last Friday's session, treasuries showed a modest move back to the upside during trading on Monday. Bond prices gave back ground after an early advance but remained firmly positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its
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USD/CAD holds positive ground above 1.3650, focus on Fedspeak
USD/CAD gains ground around 1.3680 in Friday’s early European European session. Fed’s Logan said it’s not clear if policy is tight enough to bring inflation down, adding it’s too soon to cut rates. The Canadian economy added 90,000 jobs in April, above the consensus of 20,000 gains. The USD/CAD pair
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Pull-up Update