The U.S. dollar climbed to 2-week highs versus its major counterparts today, amid the improved risk appetite following the U.S. tax reforms optimism in place, and the labor market's ongoing strength.
Gold traded higher today but resumed close to its weakest zone within a period of six weeks, amid the investors keeping track of the latest process by the lawmakers in the U.S. on passing a bill in overhauling the American tax system.
Gold dropped today in Asia's early trading session amid the expectations that the tax cuts in the U.S. will go through and the investigation around Russia's involvement in the U.S. elections in the year 2016.
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