Wednesday, 8 January 2020

Gold (XAU) Price Surge as Iran Attacks US Bases in Iraq

Gold broke through the $1,600 barrier, hitting a new multi-year high, after Iran launched a missile attack on US forces in Iraq, escalating tensions between the two further.

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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...