🔵 Here are the most important developments in the markets:
• Gold prices stabilized near a three-week high due to the weakness of the dollar and increased demand for safe havens, and is heading for weekly gains
• The euro recovered slightly, but is on track to record its biggest weekly loss since last November due to expectations of a European interest rate cut and a widening interest rate gap between Europe and America.
• The Japanese yen rose, resuming its gains against the dollar after a two-day hiatus. It may achieve its first weekly gains.
✴️ Markets are awaiting important US data next week, including the non-farm payrolls report and the minutes of the Federal Reserve meeting.
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