USD's rebound and GOLD's drop on April 9

The hot latest news and the tech analysis of EUR/USD, EUR/GBP, AUD/USD, and gold! Unemployment claims fell short of analysts’ expectations. China’s data showed the fastest factory inflation since 2018, which fueled inflation fears among investors.

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S&P500 erased the four-week gains!
S&P500 erased the four-week gains!

The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.

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Gold is above $1850!
Gold is above $1850!

While most of the Forex market is relatively quiet, gold has finally made a breakthrough that may result to be an epic change of a long-term trend: we're discussing the technical view on that in detail.

What to trade on Friday? Coinbase, gold, EUR/USD
What to trade on Friday? Coinbase, gold, EUR/USD

Coinbase dropped by 6.5% in pre-hours trading today, after reporting that revenue and earnings came out slightly worse than expected. Gold is moving up to $1840. EUR/USD is attacking local highs.

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