Spain Unemployment Change fell from previous 60.404K to -7.452K in February

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GBP/USD clings to gains above 1.2650

GBP/USD clings to gains above 1.2650

GBP/USD trades in positive territory above 1.2650 in the second half of the day on Monday. Although the US Dollar (USD) struggles to find demand ahead of this week’s key macroeconomic events, the cautious market stance limits the pair’s upside.


Gold stabilizes near $2,080 after reaching a fresh 2024-high

Gold stabilizes near $2,080 after reaching a fresh 2024-high

Gold price fluctuates in a tight channel at around $2,080 after touching a fresh 2024-high of $2,088 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady near 4.2% following Friday’s decline, making it difficult for XAU/USD to gather directional momentum.

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