XAUUSD: USD recovered during Thursday session
Updated
On the FX market, the USD recovered in the US session after weakening in the first half of the trading day, despite the report that last week's unemployment claims exceeded expectations (218K vs 211K forecast) and sales December pending home sales in the United States disappointed (unchanged compared to forecast +0.8%). At the end of the session, USD increased on a large scale after 4 consecutive sessions of decline, except for JPY. GBP led the decline, followed by EUR.
Gold increased more than $7 to nearly 22088.50/OZ at the beginning of the Asian session, but retreated in the European session and the decline slowed to around 42065/oz, down more than $12 during the day. In the debt market, 2-year and 10-year yields increased 3.7bp and 4.6bp to 4.28% and 3.85%, respectively.
Gold increased more than $7 to nearly 22088.50/OZ at the beginning of the Asian session, but retreated in the European session and the decline slowed to around 42065/oz, down more than $12 during the day. In the debt market, 2-year and 10-year yields increased 3.7bp and 4.6bp to 4.28% and 3.85%, respectively.
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💵XAUUSD SELL 2071-2073💵✔️TP1 2068
✔️TP2 2064
❌SL 2078
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running +20pips
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