Thursday, 23 May 2019

Gold Prices Rise as US Dollar Fails to Capitalize on Market Selloff

Gold prices rose as dismal US PMIs derailed the Dollar’s ability to capitalize on haven demand amid risk aversion. Durable Goods Orders data may bring more of the same.


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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...