TechFlow news: On February 11, according to JIN10 Data, institutional analysis indicated that gold prices continued their upward trend, driven by a weakening U.S. dollar and weaker-than-expected U.S. retail sales data—factors that bolstered market expectations for further interest rate cuts. Gold prices rebounded above the $5,100 threshold. The next key catalysts will be the upcoming U.S. nonfarm payrolls report and the Consumer Price Index (CPI) release on Friday. ING analysts stated: “Today’s employment report is a pivotal event for the foreign exchange market. If the data shows clear weakness, it could pave the way for markets to price in a rate cut in April.”
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