Gold Research
ECB officials confirm: Eurozone inflation to stay above target for a longer period
The Euro (EUR) trades slightly lower to 1.1370 against the US Dollar (USD) during the European trading session on Friday. The major currency pair edges down as the US Dollar strengthens marginally after a strong upside move the previous day.
The Euro (EUR) trades slightly lower to 1.1370 against the US Dollar (USD) during the European trading session on Friday. The major currency pair edges down as the US Dollar strengthens marginally after a strong upside move the previous day.
Gold impact rationale
A stronger U.S. dollar typically pressures dollar-denominated gold.
- Source: FXStreet news
- 2026-07-24
- dollar
Topics: gold news, gold price impact, dollar