Breaking News TechFlow, February 11 — According to Jinshi Data, institutional analysts pointed out that gold prices continued to rise due to a weakening dollar and U.S. retail sales falling short of expectations, boosting market expectations for further rate cuts. Gold prices have once again surpassed the $5,100 mark. The next key catalysts are the upcoming U.S. non-farm payrolls report and the Consumer Price Index to be released on Friday. An analyst from ING Group stated, “Today’s employment report is a key event for the forex market. If the data shows significant weakness, it could pave the way for the market to price in a rate cut in April.”
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Breaking News TechFlow, February 11 — According to Jinshi Data, institutional analysts pointed out that gold prices continued to rise due to a weakening dollar and U.S. retail sales falling short of expectations, boosting market expectations for further rate cuts. Gold prices have once again surpassed the $5,100 mark. The next key catalysts are the upcoming U.S. non-farm payrolls report and the Consumer Price Index to be released on Friday. An analyst from ING Group stated, “Today’s employment report is a key event for the forex market. If the data shows significant weakness, it could pave the way for the market to price in a rate cut in April.”