Gold starts retracing daily rally on improving sentiment, trades above $1,600

The XAU/USD pair rose to its highest level since January 8th at $1,611.07 and came with a touching distance of a new seven-year high. However, with th
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United States Housing Starts (MoM) came in at 1.567M, above expectations (1.425M) in January

United States Housing Starts (MoM) came in at 1.567M, above expectations (1.425M) in January
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