Gold drops to lowest since Dec. 29, risk reversals retrace bullish bias

Gold (XAU/USD) nearly dropped to $1,300 yesterday as the American dollar turned positive on a year-to-date basis. As of writing, the metal is trading
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Japan Markit Services PMI registered at 52.5 above expectations (51.7) in April

Japan Markit Services PMI registered at 52.5 above expectations (51.7) in April
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