Wednesday, 15 May 2019

Gold Fails to Test April-High as Fed Endorses Wait-and-See Approach

The recent advance in the price of gold sputters ahead of the April-high ($1311) as Federal Reserve officials endorse a wait-and-see approach for monetary policy.


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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...