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Editors’ Picks
EUR/USD stays below 1.0950 after US data
EUR/USD stays in negative territory below 1.0950 in the early American session on Thursday. The data from the US showed that the annual producer inflation climbed to 1.6% in February from 1% in January, helping the US Buck hold its ground.
EUR/USD Information
Gold drops below $2,170 as US yields stretch higher
Gold lost its traction and declined in the direction of $2,160 in the early American session on Thursday. The benchmark 10-year US Treasury bond yield is up greater than 0.5% on the day above 4.2% after producer inflation and Retail Sales data from the US, weighing on XAU/USD.
Gold Information
ECB provides itself with extra flexibility
The ECB has finished the overview of the operational framework for implementing financial coverage announced at the finish of 2022 and publicized a determination of changes, but additionally the retention of some parameters.
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