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EUR/USD ends week flat, unable to break 1.1000
EUR/USD is about to end a five-week positive streak with a slight loss. The Euro failed to rise above 1.1000, but it held above 1.0900, despite some bouts of dollar strength, including on Friday after the upbeat US S&P Global PMI figures.
Gold bears eye a run to test $1,970
Gold is under pressure on the front side. As the XAU/USD price stays on the front side of the bearish trendline, the correction is going to struggle to maintain momentum and $1,970 will be eyed as the next key target for the bears.
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