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EUR/USD finds support above 1.0760 and rebounds
[]https://www.fxstreet.com/currencies/eurusd
EUR/USD lost its traction after meeting resistance near 1.0800 and erased a large portion of its daily gains.The pair found support at 1.0765 and is approaching 1.0800 as the US Dollar erases US CPI gains.Attention turns to the Fed and ECB meetings.
EUR/USD News
GBP/USD rebounds and rises above 1.2550 as US Dollar loses momentum
[]https://www.fxstreet.com/currencies/gbpusd
After falling to 1.2513, GBP/USD rebounded rising above 1.2550.The US Dollar lost momentum during the American session.US CPI data came in line with market expectations.On Wednesday, the Fed will announce its decision on monetary policy and the BoE on Thursday.
GBP/USD News
Gold under pressure, sellers defend $2,000
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[]https://www.fxstreet.com/markets/commodities/metals/gold
Gold lost its traction and turned negative on the day near $1,980 following a spike above $1,990 in the early American session.
After November inflation figures from the US matched analysts’ estimates, the benchmark 10-year US T-bond yield started to push higher and limited XAU/USD’s upside.
Gold News
Bitcoin price spikes to $42,000 in response to November US CPI data release
Market participants de-risked ahead of the November US Consumer Price Index (CPI) print and Federal Open Market Committee (FOMC) meeting, as Bitcoin (BTC) price declined 5% since Monday.BTC continues to consolidate after a bounce from $40,222 on Tuesday.
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Top stocks of the week: Clear sailing for cruise ships
[]https://www.fxstreet.com/news/top-stocks-of-the-week-clear-sailing-for-cruise-ships-202312120500
The stock market’s winning streak continues as the S&P 500 rose for the sixth straight week for the week ended Dec.8.
The large-cap benchmark finished the week at 4,604 after climbing 0.2%.
https://www.fxstreet.com/news/top-stocks-of-the-week-clear-sailing-for-cruise-ships-202312120500.
