Thursday, 17 January 2019

Gold Prices Unable to Capitalize on US Dollar Pullback

Gold prices are struggling for direction as the US Dollar shows itself to be the more explicit risk-off asset, trading inversely of Treasury bond yields.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...