Wednesday, 8 May 2019

Gold Prices Subdued at Resistance, Eying Fed Along With Crude Oil

Gold prices inch towards inevitable upside or downside breakout, eyeing a speech from Fed Chair Jerome Powell and increasingly tense US-China trade talks, along with crude oil prices.


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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...