Wednesday, 6 March 2019

Gold Prices May Struggle to Capitalize on Dovish ECB

Gold prices may struggle to capitalize on a dovish ECB policy decision if a subsequent drop in EUR/USD translates into a broadly stronger US Dollar.


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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...