Friday, 12 July 2019

Dow’s Record Highs and Gold’s Congestion Shift from Fed Hopes to Growth, Trade Fears

The markets have made a shrine to the Fed’s dovish policy shift in the form of the Dow’s record highs. Unfortunately for the bulls, this theme is likely to fade while trade wars and growth concerns move forward.


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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...