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Action Forex News Agency
4 hours ago•Action Forex
Forex Medium Importance Neutral
Gold Rises for Fourth Consecutive Day: Geopolitics and Data Lend Support

Gold Rises for Fourth Consecutive Day: Geopolitics and Data Lend Support

Gold rose to 4,300 USD per ounce on Thursday, marking its fourth consecutive session of gains. The metal has advanced nearly 6% since the start of the week, supported by a partial agreement to reopen shipping through the Strait of Hormuz, which has weighed on oil prices and eased concerns over inflation and further rate hikes.

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ExchangeRates News Agency
7 hours ago•ExchangeRates
Forex Medium Importance Neutral
Pound to Dollar Price Forecast: US Payrolls Could Extend GBP/USD Rally

Pound to Dollar Price Forecast: US Payrolls Could Extend GBP/USD Rally

Pound-Dollar could extend its rally if Friday's US payrolls disappoint, while improving risk sentiment continues to weigh on the safe-haven US Dollar. The Pound to US Dollar (GBP/USD) exchange rate strengthened on Wednesday as softer US economic data and improving market sentiment reduced demand for the US Dollar.

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