Wednesday, 7 August 2019

Gold Price Surge Continues as Trade War Stokes Global Easing Bets

Gold prices continued to surge as markets bet that trade war escalation will sink global economic growth and push central banks to drive down interest rates.


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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...