Gold Hovers Around $2500 as the Dollar Loses Ground

Gold Hovers prices have shown resilience in European trade, rising above two-week lows and hovering around the $2500 mark. This uptick comes as the US dollar weakens against a basket of major currencies, providing support for the precious metal. With crucial US labor data expected later this week, market participants are keenly watching for signals…

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Bitcoin Rises experienced a notable increase of 2.5% on Friday, pushing it above recent three-week lows. This resurgence comes as the US dollar loses momentum ahead of critical US labor data, which is expected to offer insights into the Federal Reserve’s approach to interest rate cuts this year. The dynamics between Bitcoin and the dollar…

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Swiss Franc Decline has experienced in recent trading sessions, marking its fifth consecutive day of losses against the dollar. This downward trend has driven the franc to a two-week low, primarily due to weaker-than-expected inflation data from Switzerland for August. These developments have raised the likelihood of another interest rate cut by the Swiss National…

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