EUR/USD reaches weekly lows after strong US PPI data, trades near 1.0870

The EUR/USD pair continues its downward trend for the second consecutive day, hitting weekly lows near 1.0870 in the Asian session on Friday.
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Gold price consolidates in a multi-day-old trading range, holds above $2,150 level

Gold price (XAU/USD) came under some renewed selling pressure on Thursday and dropped back closer to the weekly low in reaction to the hotter-than-expected US Producer Price Index (PPI).
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