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Forex news and analysis regular update by fxdailyinfo
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[QUOTE="Sforextrader, post: 145964, member: 52917"] [SIZE=6][B]What’s next? – GOLD 13.04.18[/B][/SIZE] Gold prices traded higher in Asian hours on Friday, with rising geopolitical tension over Syria offering support to the demand of safe-haven assets. On the Comex division of the New York Mercantile Exchange, gold futures were up 0.07 percent at $1.342.90 a troy ounce as of 06:20 GMT. On Thursday, US President Donald Trump said military actions in Syria “could be very soon or not so soon at all”. His remarks boosted the dollar’s position and weighed on the metal. The precious metal fell 1.3 percent in the previous session, the largest one-day drop since March 28. The dollar’s dynamic continues to play a key role for gold prices. The US dollar index, which gauges the greenback against six major currencies, was trading 0.08 percent higher at 89.33 by the time of this writing. Dollar-denominated gold is very sensitive to moves in the American currency. A stronger dollar makes the yellow metal less attractive for investors holding foreign currencies. Ahead in today’s session, traders will be paying attention to speeches by FOMC members Rosengren and Bullard as of 12:00 GMT and 13:00 GMT respectively. On the data front, JOLTs job openings for February will be published at 14:00 GMT, along with Michigan Consumer Expectations and Sentiment indicators for April. [B]Published on Fri, Apr 13 2018 Fxdailyinfo forex analysis.[/B] [/QUOTE]
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