United States Business Inventories in line with expectations (0%) in April

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EUR/USD holds steady near 1.1550 after US data

EUR/USD holds steady near 1.1550 after US data

EUR/USD remains range-bound at around 1.1550 in the American session on Tuesday. The cautious market stance supports the US Dollar despite the disappointing Retail Sales data, making it difficult for the pair to gain traction.

GBP/USD retreats below 1.3550 on modest USD strength

GBP/USD retreats below 1.3550 on modest USD strength

GBP/USD remains on the back foot and trades slightly below 1.3550 in the second half of the day on Tuesday. The risk-averse market atmosphere amid Middle East tensions helps the USD stay resilient against its peers, causing the pair to stretch lower.

Gold fluctuates below $3,400 as traders turn reluctant ahead of Fed

Gold fluctuates below $3,400 as traders turn reluctant ahead of Fed

Gold continues to fluctuate in a relatively tight range below $3,400 in the American session on Friday. Traders remain reluctant to take large positions ahead of the Federal Reserve’s policy decisions, while keeping a close eye on headlines surrounding the Iran-Israel conflict.

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