The precious metal, gold, appreciated slightly during the Asian trading session, amid the traders and the investors focusing on Trump's stimulus policies and tax cut as well as on the issue whether Russia interfered with the 2016 election.
The EUR/USD has been trading for a long time now, since April 10, 2017, within a strongly bullish formation between the range of 1.0565 and 1.1285, indeed an astonishing channel for the buyers but a financial pain for the sellers.
China's industrial production remained at 6.5% and matched the analysts' and the economists' predictions. The Chinese retail sales stabilized at 10.7% and slightly missed the economists' forecasts for a drop to 10.6%
The Australian dollar appreciated today, following the latest business survey outcome that was lower than the estimates. The AUD/USD pair traded 0.24% higher at 0.7559.
The precious metal, gold, resumed this week with losses during the European trading session, amid the investors and the traders looking forward to the FED's policy meeting and the U.K's political developments.
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