Gold consolidates ahead of US NFP, Services PMI data

Gold price (XAU/USD) struggles for direction as investors await the United States Nonfarm Payrolls (NFP) and ISM Services PMI data for October.
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DXY could drop to the 105.50/105.55 area as long as US NFP is not too strong – ING

EMFX surfs in a sea of green. Today's US jobs data will be key in determining whether this week's risk-positive trend has further room to run, economists at ING report.
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