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https://www.dailyfx.com/news/xau-usd-gold-finds-spark-in-weak-us-inflation-data-eur-usd-blasts-off-to-new-2023-peak-20230712.html
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Gold Finds Spark in Weak US Inflation Data, EUR/USD Blasts Off to New 2023 Peak - DailyFX
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7/12/23 at 5:40pm
Organization
DailyFX
Author
Diego Colman
Details
55 words
Summarize
Commodities & Futures Trading
Business & Industrial
U.S.
CPI
Gold prices rally as weaker-than-expected U.S. CPI figures lead to a sharp drop in nominal yields and the U.S. dollar. Meanwhile, EUR/USD soars past technical resistance, reaching its best level since March 2022.
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