Sunday, 16 June 2019

Weekly Gold Price Forecast: Outlook Tied to Fed Meeting, Interest Rate Forecast

Gold prices have rallied in recent week as Federal Reserve interest rate cut expectations have been aggressively dragged forward. But if the FOMC doesn’t confirm the market consensus that the Fed cut cycle is about to begin, gold prices may have difficult continuing higher in the short-term.


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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...