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Gold ended slightly lower Thursday, marking the first loss in five sessions, as the dollar strengthened on the back of the stronger-than-expected U.S. inflation and jobless claims data.
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Gold rallied 1.14% on Wednesday as the dollar retreated after disappointing retail sales data weakened the case for the Federal Reserve to end the era of record-low interest rates.
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The USD/SGD pair initially fell during the course of the day on Tuesday, but ended up bouncing back above the 1.40 level.
The USD/CAD pair fell during the course of the session on Wednesday, as we have seen time and time again over the last couple of weeks.
The NZD/USD pair had a very strong session on Wednesday, breaking the top of the hammer from the Tuesday session, and then of course going above the orange dashed line that I have on the chart.