Thursday, 11 July 2019

Gold Prices May Struggle if US PPI Helps Cool Fed Rate Cut Bets

Gold prices may struggle to build higher if US PPI data points to stronger inflation than markets have accounted for, cooling Fed interest rate cut expectations.


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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...