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US Dollar Slips Further, Gold Nudges Higher, Bitcoin Poised for a New ATH US Treasury yields remain in a downtrend and that’s hurting the dollar. Gold continues to recover while Bitcoin eyes a new all-time high. US 2-year yields close in on a two-month low.Gold continues to recoup recent losses.A confirmed break of $72k should see Bitcoin post a new...

ECB Follows Through on Plans to Cut Interest Rates by 25 Basis Points The ECB cut all three interest rates by 25 basis points as expected but reiterated it will not follow a predetermined rate path and will remain data dependent in future meetings. The central bank continued to stress that wage growth and services inflation require more attention but...

The dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and approaching two-month lows once more as US 10-year treasury yields slowed down. Now investors await US unemployment claims data today, and the crucial payrolls report tomorrow to gather more clues on the economy. The Price The dollar index fell 0.2% today to 104.05,...

Yen fell in Asian trade on Friday against a basket of major rivals, under pressure from the higher US 10-year treasury yields, as investors await the crucial US monthly payrolls report later today. Yen is on track for the largest weekly profit since late April amid increased speculation about the Bank of Japans policy meeting next week, and its potential...