The price of gold is likely to make another multi-year high in the short-term and $1,600/oz+ is possible on a perfect set-up of rising risk and lower rates.
from DailyFX - Feeds all https://ift.tt/30xKbVn
via IFTTT
Subscribe to:
Post Comments (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...
No comments:
Post a Comment