Thursday, 16 May 2019

Gold Price Recedes from 1-Month High as Yields Rebound

XAUUSD collapsed below the psychologically-important $1,300 price level as rebounding yields and recovering risk appetite sent gold tumbling.


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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...