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EUR/USD drops to two-week lows near 1.1680


EUR/USD drops to two-week lows near 1.1680

EUR/USD now accelerates its losses and breaches below the 1.1700 contention zone on Thursday, always on the back of the renewed and strong upside impulse in the US Dollar. In the meantime, market participants keep evaluating firmer-than-expected results from the US job market, the final Q2 GDP figures and Durable Goods Orders, as well as remarks from Fed officials.










GBP/USD breaks below 1.3400 on robust Dollar


GBP/USD breaks below 1.3400 on robust Dollar

GBP/USD loses further traction and slips back below the 1.3400 suppport on Thursday, hitting fnew three-week troughs. The cautious market attitude weighs on the British Pound and the rest of its risk-linked peers as investors continue to assess strong US data and remarks from Fed rate setters.










Gold turns negative near $3,720


Gold turns negative near $3,720

Gold now surrenders further gains and recedes to the $3,720 zone per troy ounce on Thursday, weighed down by the firm tone in the Greenback and rising US yields across the board. The risk-averse market environment and rising geopolitical tensions, however, should limit the yellow metal’s downside potential.












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