Australian dollar sees marginal gain amid economic downturn signals By Investing.com

The Australian Dollar edged slightly higher against the US Dollar today, trading between 0.6550 and 0.6570, marking a slight increase of 0.02%. This modest uptick comes despite concerning indicators of an economic downturn in Australia. The Judo Bank Manufacturing Purchasing Managers’ Index (PMI) has reached a multi-year low, dropping to 47.7. Similarly, the Services PMI

USDJPY sellers gain momentum as they test November low

As the week comes to an end, the USDJPY fell sharply and in the process tested the low from early November at 149.175. The low reached 149.192 before bouncing. The price is trading at 149.74. The double bottom mirrors the double top from the high this week (on Monday). That high was reached on Monday

US equity close: A flat start but another good weekly gain

On the day: S&P 500 +0.1% Nasdaq Comp +0.1% DJIA flat Russell 2000 +1.2% Toronto TSX Comp +0.6% On the week: S&P 500 +2.2% Nasdaq Comp +2.4% DJIA +1.9% Russell 2000 +5.3% Toronto TSX Comp +2.6% That’s a nice weekly gain for the Russell 2000 but it’s a long way to go to get back

Gold Prices Gain On More Signs Global Inflation Rolling Over

Gold (XAU/USD) Price, Analysis, and Charts UK CPI came in at a two-year low for October The Core measure also ticked lower Gold prices are closing back in on $2000 Learn How to Trade Gold With Our Complimentary Guide Recommended by IG How to Trade Gold Gold Prices continued to rise in Wednesday’s European session,

European equity close: Weak trading on Friday erases the weekly gain

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