A bearish end to the trading week, Gold remains in the 1,864.3 range after starting the week at 1,952 and dropping 87.8 dollars.
This downslide might be related to financial indicators data published earlier as United States Manufacturing PMI beats expectations of 53.1 with new data release of 53.5. This is also a step forward from the previous data of 53.1.
Nonetheless, encouraging indicators for Gold published earlier when United States Core Durable Goods Orders fall short of the 1.2 projections, with 0.4 and continued its downward trajectory from previous figure of 3.2. United States Initial Jobless Claims fall short of the 840 projections, with 870 and continued its downward trajectory from previous figure of 866.
At the same time USD/MXN is up 0.97% to 22.336 USD/ZAR gained 1.07%, currently at 17.1136
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