EUR/USD Struggles To Gain Ground Below 1.0950 Ahead Of German Inflation Data
EUR/USD trades with mild losses near 1.0935 in Friday’s early European session. A warmer US inflation reading supports Fed hawks' call for gradual interest rate cuts. The ECB is expected to deliver a cut to the 3.5% deposit rate next week.
Bovespa Index Elliott Wave Technical Analysis - Friday, October 11
In conclusion, the Bovespa Index is in a corrective phase, with gray wave 2 nearing its completion. Once gray wave 2 finishes, gray wave 3 is expected to start, potentially resuming the upward momentum seen in orange wave 3.
Gold Recovers Amid Mixed US Economic Indicators
Gold prices recovered, reaching 2,644.00 USD per troy ounce on Friday, as investors navigated mixed signals from recent US economic data.