Monday, 16 December 2019

Gold Prices Up Despite Risk Revival, US China Trade Hopes Lift Crude

Gold prices edged higher in a session which also saw strong gains for more pro-cyclical assets, suggesting that underlying haven bids aren’t being unwound despite trade optimism.

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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...