The post South Korea Trade Balance came in at $9.735B, above expectations ($8.4B) in November appeared on BitcoinEthereumNews.com. Gold kicks off the new week on a softer note, eroding part of Friday’s strong move up back toward the November swing high, though the downtick lacks bearish conviction. Dovish Fed expectations keep the USD depressed near its lowest level in nearly two weeks and continue to underpin the non-yielding bullion. Bulls, however, pause for a breather and await this week’s key US macro releases scheduled at the start of a new month. Source: https://www.fxstreet.com/news/south-korea-trade-balance-came-in-at-9735b-above-expectations-84b-in-november-202512010001The post South Korea Trade Balance came in at $9.735B, above expectations ($8.4B) in November appeared on BitcoinEthereumNews.com. Gold kicks off the new week on a softer note, eroding part of Friday’s strong move up back toward the November swing high, though the downtick lacks bearish conviction. Dovish Fed expectations keep the USD depressed near its lowest level in nearly two weeks and continue to underpin the non-yielding bullion. Bulls, however, pause for a breather and await this week’s key US macro releases scheduled at the start of a new month. Source: https://www.fxstreet.com/news/south-korea-trade-balance-came-in-at-9735b-above-expectations-84b-in-november-202512010001

South Korea Trade Balance came in at $9.735B, above expectations ($8.4B) in November

Gold kicks off the new week on a softer note, eroding part of Friday’s strong move up back toward the November swing high, though the downtick lacks bearish conviction. Dovish Fed expectations keep the USD depressed near its lowest level in nearly two weeks and continue to underpin the non-yielding bullion. Bulls, however, pause for a breather and await this week’s key US macro releases scheduled at the start of a new month.

Source: https://www.fxstreet.com/news/south-korea-trade-balance-came-in-at-9735b-above-expectations-84b-in-november-202512010001

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.