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The last session saw gold rise by 0.9% against the dollar. The RSI is currently giving a positive signal.
The EUR/USD pair traded sideways in the last session. The Williams Percent Range indicator is signalling a negative trend.
The GBP/USD pair experienced a minor upward correction in the last session, gaining 0.1%. The Williams Percent Range indicator suggests the market is overbought.
Bitcoin paired with the dollar dropped by 3.1% in the last session. The Stochastic indicator is giving a negative signal.
Wall Street’s main indices dropped following a decline in AI leader Nvidia, which impacted tech stocks as investors anticipate a critical inflation report this week. Meanwhile, cryptocurrency investment products saw record inflows as Bitcoin surpassed $100,000 for the first time. Oracle missed revenue expectations for Q2, citing reduced client spending on databases and cloud services amid economic uncertainty.
Key upcoming economic events include:
