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Gold has best day in 2 weeks

FXStreet (Córdoba) - Spot gold is about to finish Wednesday hovering around $1,290 consolidating a daily gain of more than $10, having the best day since March 14. The yellow metal rose despite the strength of the US dollar in the currency market.

Yesterday price found support at $1,277 and from there gold gained momentum. Minutes before the release of the ADP employment report in the US jumped from $1,283 to $1,293.

Then on American hours peaked at $1,294.50, the highest price since Monday. During the second half of the American session pulled back but finding support at $1,289.

EUR/USD stabilizing around 1.3760

EUR buyers remain absent at the end of the US session on Wednesday, with the EUR/USD attempting a consolidation pattern around 1.3760/55...
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EUR/CHF consolidates gains around 1.2200

Having made a daily high at 1.2211 and low at 1.2179, EUR/CHF spot is up 0.17% on the day and presently trading at 1.2202.
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