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XAUUSD Commodities Refers to the gold commodity against the dollar, which is a symbol used in financial markets to indicate the exchange rate of gold (XAU) against the US dollar (USD). XAUUSD is considered one of the major currency pairs in the foreign exchange market (Forex), where traders can buy and sell this pair based on fluctuations in the price of gold against the US dollar. When the price of XAUUSD rises, it means that the price of gold has increased against the US dollar, thus allowing traders to make a profit if they purchased XAUUSD when its price was low and sold it when it increased.

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Dollar Rises and Asian Stocks Fluctuate Amid Trump’s Potential Election Win

Tue, 07/02/2024 - 09:56
Dollar Rises and Asian Stocks Fluctuate Amid Trump’s Potential Election Win, The US dollar recorded a significant rise…