Thursday, 28 February 2019

US GDP Fueled Gold Price Reversal Risk, USD Awaits Jerome Powell

Better-than-expected US GDP boosted the US Dollar as gold prices tumbled. JPY/CHF fell as geopolitical risks in Asia rose. Equities may pause declines, all eyes on Jerome Powell.


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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...