France Business Climate in Manufacturing above forecasts (103) in March: Actual (104)

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EUR/USD rises toward 1.0850 as USD struggles to recover


EUR/USD rises toward 1.0850 as USD struggles to recover

EUR/USD has regained its traction and rose to the 1.0850 area after having retreated toward 1.0800 earlier in the session. The US Dollar struggles to stage a decisive rebound despite upbeat consumer confidence data from the US, allowing the pair to continue to push higher.


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GBP/USD advances to fresh daily highs near 1.2350


GBP/USD advances to fresh daily highs near 1.2350

Following a correction to the 1.2300 area, GBP/USD reversed its direction and advanced toward 1.2350. Although Wall Street’s main indexes are trading mixed on Tuesday, the US Dollar stays on the back foot and helps the pair gather bullish momentum.


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Gold: XAU/USD grinds north above $1,950
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Gold: XAU/USD grinds north above $1,950

Spot gold trades near a daily high of $1,970.03 a troy ounce, as broad US Dollar weakness helped the metal recover some ground. XAU/USD trimmed half of its Monday’s losses, although a better market mood subdued demand for the bright metal.


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