In the run-up to the US Nonfarm Payrolls showdown this Friday, gold is extending the previous declines, flirting with the key $1800 level.
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EUR/USD has dropped below 1.18 after US Nonfarm Payrolls showed a leap of 943,000 jobs, better than expected, and salaries are up 4% YoY.
GBP/USD has dropped under 1.39 after the US reported an increase of 943K jobs, beating expectations and raising expectations for tighter monetary policy by the Fed.
On-chain metrics support the bullish thesis, which might push the flagship crypto to $44,750.
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