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November 21, 2024

US Dollar Outlook Shaped by Jobless Claims and Home Sales

This week marks critical economic events impacting the US Dollar. Jobless claims are expected to remain around 220K, indicating a resilient labor market. Furthermore, home sales data continues to attract attention, as it has implications for the Federal Reserve’s policies. These factors heavily influence the outlook for gold, GBP USD, and EUR USD. Traders and investors alike should pay close attention to these developments.

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