The USD/JPY pair fell initially during the course of the session on Thursday, but did find a bit of resiliency underneath. The AUD/USD pair fell initially during the course of the session on Thursday, but found the 0.70 level to be supportive enough to turn things around and form a hammer.
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Gold prices surged to their highest level in a year as investors continued to pull money out of equities and flocked to the safety of the precious metal.
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Gold prices hit their highest level since May 22 during today's Asian session as investors scaled back expectations for more U.S. rate increases after Federal Reserve Chair Janet Yellen stressed that the policy was not on a pre-set course and they would respond appropriately to developments in international conditions and their impact on the economy.
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The EUR/USD pair initially fell during the day on Tuesday but found enough support below the 1.12 level to turn things around. The GBP/USD pair went back and forth during the course of the day on Tuesday, as we continue to hover around the 1.45 level.
The USD/JPY pair initially trying to break down a bit during the course of the day on Tuesday but we did get a little bit of a bounce. The NZD/USD pair rose during the day on Tuesday, as we continue to bounce around current areas.