Saturday, 25 May 2019

Gold Prices May Rise if USD Sinks, US Data Fuels Fed Rate Cut Bets

Gold prices may capitalize on disappointing US data in the week ahead, but in the medium-term, the highly-liquid US Dollar may subdue XAU/USD gains on US-China trade war fears.


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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...