Thursday, 1 August 2019

Gold Price and Silver Technical Outlook Post-FOMC Turns Negative

The FOMC cut rates yesterday by 25-bps as expected and find themselves today with sellers in charge, gold on the verge of reversing a recent wedge-break.


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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...