United States EIA Crude Oil Stocks Change above expectations (1.1M) in January 16: Actual (3.602M)

EUR/USD edges higher as weaker US Dollar offsets solid US data

The Euro (EUR) edges higher against the US Dollar (USD) on Thursday, supported by a broadly weaker Greenback as traders shrug off solid US economic data. At the time of writing, EUR/USD is trading around 1.1742, reversing the previous day’s losses.
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Gold hits record above $4,900 as rally extends despite risk-on mood

Gold (XAU/USD) surges for the fourth consecutive trading day on Thursday, hitting a fresh record high of $4,906, even as risk appetite improved and tensions between the US and Europe eased, following an agreement over Greenland. At the time of writing, XAU/USD trades at $4,903, up 1.60% in the day.
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