Wednesday, 18 September 2019

Divided FOMC to Boost Gold as Hedging Tool Against Fiat Currencies

The growing dissent within the Federal Reserve may heighten the appeal of gold as Chairman Powell and Co. project a lower trajectory for the benchmark interest rate.

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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...