Saturday, 18 January 2020

Gold Prices May Rise if Davos Forum, IMF Outlook Spur Easing Bets

Gold prices may rise if commentary from officials at the Davos forum kindle easing bets and inflame demand for anti-fiat hedges like the yellow metal. Other key catalysts may also magnify this effect.

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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...